**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated October 29, 2025, details the money market and RBI operations as of October 28, 2025. It provides data on overnight and term segments, along with liquidity adjustments. The release also contains cash reserve positions of scheduled commercial banks.
**Key Points / Main Content**
*Money Market Operations (October 28, 2025)*
* **Overnight Segment:** Total volume: ₹6,70,181.10 Crore; Weighted average rate: 5.45%; Range: 4.85-6.60%.
* **Term Segment:**
* Notice Money: Volume: ₹150.00 Crore; Weighted average rate: 5.41%; Range: 5.20-5.50%.
* Term Money: Volume: ₹990.00 Crore; Range: 5.60-6.05%.
*RBI Operations*
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF):**
* Repo Operation (Variable Rate): ₹1,25,521.00 Crore, 5.51% Rate
* Reverse Repo Operation (Variable Rate): ₹529.00 Crore, 5.75% Rate
* MSF: ₹1,29,424.00 Crore, 5.25% Rate
* Net liquidity injected from today's operations (injection(+)/absorption(-)): -₹3,374.00 Crore
* **Standing Liquidity Facility (SLF):** ₹11,457.79 Crore
* **Net liquidity injected from outstanding operations:** ₹11,457.79 Crore
* **Net liquidity injected (outstanding including today's operations):** ₹8,083.79 Crore
*Reserve Position (Scheduled Commercial Banks)*
* **Cash balances with RBI (October 28, 2025):** ₹8,74,246.91 Crore.
* **Average daily cash reserve requirement (fortnight ending October 31, 2025):** ₹8,64,207.00 Crore.
* **Government of India Surplus Cash Balance (October 28, 2025):** ₹1,25,521.00 Crore.
* **Net durable liquidity (October 03, 2025):** ₹3,85,602.00 Crore.
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact:** Affected by the cash reserve requirements and liquidity facilities.
* **Action Required:** Monitor and adjust their cash reserves to comply with RBI's requirements and utilize available liquidity facilities as needed.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India, responsible for regulating the country's monetary and credit system.
Liquidity Adjustment Facility (LAF): A tool used by RBI to inject or absorb liquidity into or from the banking system.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow funds overnight from the RBI against their government securities portfolio.
Standing Deposit Facility (SDF): A tool for absorbing liquidity from the banking system without any collateral.
Money Markets: Markets for short-term debt instruments.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
October 29, 2025
Money Market Operations as on October 28, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,70,181.10 5.45 4.85-6.60
I. Call Money 19,292.87 5.56 4.85-5.68
II. Triparty Repo 4,47,488.75 5.41 5.01-5.55
III. Market Repo 1,99,766.93 5.53 5.00-5.75
IV. Repo in Corporate Bond 3,632.55 5.73 5.65-6.60
B. Term Segment
I. Notice Money** 150.00 5.41 5.20-5.50
II. Term Money@@ 990.00 - 5.60-6.05
III. Triparty Repo 3,818.00 5.35 5.20-5.60
IV. Market Repo 233.91 5.63 5.60-5.65
V. Repo in Corporate Bond 0.00 - -
RBI OPERATIONS@ Auction Tenor Maturity Amount Current
Date (Days) Date Rate/Cut
off Rate
C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
I Today's Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation Tue, 28/10/2025 1 Wed, 29/10/2025 1,25,521.00 5.51
(b) Reverse Repo Operation
3. MSF# Tue, 28/10/2025 1 Wed, 29/10/2025 529.00 5.75
4. SDFΔ# Tue, 28/10/2025 1 Wed, 29/10/2025 1,29,424.00 5.25
5. Net liquidity injected from today's
-3,374.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation
(b) Reverse Repo Operation
3. MSF#
4. SDFΔ#
D. Standing Liquidity Facility (SLF) Availed from RBI$ 11,457.79
E. Net liquidity injected from outstanding operations [injection
11,457.79
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
8,083.79
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on October 28, 2025 8,74,246.91
(ii) Average daily cash reserve requirement for the fortnight ending October 31, 2025 8,64,207.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ October 28, 2025 1,25,521.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on October 03, 2025 3,85,602.00
@ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
- Not Applicable / No Transaction.
** Relates to uncollateralized transactions of 2 to 14 days tenor.
@@ Relates to uncollateralized transactions of 15 days to one year tenor.
$ Includes refinance facilities extended by RBI.
& As per the Press Release No. 2025-2026/1201 dated September 30, 2025.
Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
* Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
# As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
Ajit Prasad
Press Release: 2025-2026/1402 Deputy General Manager
(Communications)