**Executive Summary**
This press release from the Reserve Bank of India (RBI) reports on money market operations as of October 29, 2025, and the cash reserve position of scheduled commercial banks. It details volumes, weighted average rates, and ranges for various money market segments, including overnight and term segments, as well as RBI operations like the Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF). The release also provides dates for upcoming auctions and maturity dates for current operations.
**Key Points / Main Content**
* **Money Market Operations (October 29, 2025)**
* **Overnight Segment:** Total volume of ₹6,68,000.82 crore with a weighted average rate of 5.51% (range: 4.85-6.60%).
* **Term Segment:** Details volumes and rates for Notice Money, Term Money, Triparty Repo, Market Repo, and Repo in Corporate Bond.
* **RBI Operations**
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF):**
* Fixed Rate operations: Details rates.
* Variable Rate Repo Operation: ₹58,512.00 crore; maturity date is October 30, 2025; rate of 5.51%.
* Variable Rate Reverse Repo Operation: ₹615.00 crore; maturity date is October 30, 2025; rate of 5.75%.
* MSF: ₹85,235.00 crore; maturity date is October 30, 2025; rate of 5.25%.
* Net liquidity injected from today's operations is -₹26,108.00 crore.
* Standing Liquidity Facility (SLF) Availed from RBI: ₹11,517.79 crore.
* Net liquidity injected from outstanding operations: ₹11,517.79 crore.
* Net liquidity injected (outstanding including today's operations): -₹14,590.21 crore.
* **Reserve Position (October 29, 2025)**
* **Cash Reserves of Scheduled Commercial Banks:**
* Cash balances with RBI: ₹8,44,825.41 crore
* Average daily cash reserve requirement for the fortnight ending October 31, 2025: ₹8,64,207.00 crore.
* Government of India Surplus Cash Balance Reckoned for Auction: ₹58,512.00 crore.
* Net durable liquidity (deficit): -₹3,85,602.00 crore as on October 03, 2025.
**Impact Analysis**
**Stakeholder: Scheduled Commercial Banks**
* **Impact**: Banks are directly impacted by the reported money market rates and liquidity conditions, which influence their borrowing and lending strategies. The reserve position data informs their liquidity management and compliance with RBI requirements.
* **Action Required**: Banks should review the data to adjust their liquidity management strategies, lending rates, and borrowing activities based on the prevailing market conditions and regulatory requirements.
**Stakeholder: Reserve Bank of India (RBI)**
* **Impact**: The report provides a snapshot of the effectiveness of RBI's monetary policy operations and liquidity management.
* **Action Required**: The RBI should monitor market trends and adjust its policies and interventions based on the reported data to ensure financial stability and achieve its monetary policy objectives.
**Stakeholder: Financial Market Participants**
* **Impact**: The press release provides data relevant for understanding market liquidity and interest rate trends.
* **Action Required**: Financial market participants should analyze the data to inform their investment decisions and risk management strategies.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India, responsible for monetary policy.
Liquidity Adjustment Facility (LAF): Tool used by RBI to inject or absorb liquidity in the banking system.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow funds overnight from the RBI.
Standing Deposit Facility (SDF): A tool used by the RBI to absorb excess liquidity from the banking system without any collateral.
Money Market: Market for short-term debt instruments, used by financial institutions for lending and borrowing.
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 30, 2025
Money Market Operations as on October 29, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,68,000.82 5.51 4.85-6.60
I. Call Money 15,955.31 5.56 4.85-5.75
II. Triparty Repo 4,52,410.80 5.50 5.44-5.85
III. Market Repo 1,95,725.16 5.53 5.10-5.95
IV. Repo in Corporate Bond 3,909.55 5.71 5.63-6.60
B. Term Segment
I. Notice Money** 146.20 5.40 5.00-5.80
II. Term Money@@ 578.30 - 5.60-5.97
III. Triparty Repo 3,518.50 5.61 5.20-5.75
IV. Market Repo 274.22 5.73 5.60-5.80
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 Wed, 29/10/2025 1 Thu, 30/10/2025 58,512.00 5.51
(b) Reverse Repo Operation
3. MSF# Wed, 29/10/2025 1 Thu, 30/10/2025 615.00 5.75
4. SDFΔ# Wed, 29/10/2025 1 Thu, 30/10/2025 85,235.00 5.25
5. Net liquidity injected from today's
-26,108.00
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$ 11,517.79
E. Net liquidity injected from outstanding operations [injection
11,517.79
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-14,590.21
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on October 29, 2025 8,44,825.41
(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 29, 2025 58,512.00
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: 2025-2026/1414 Deputy General Manager
(Communications)