**Summary:**
This press release from the Reserve Bank of India (RBI), dated September 05, 2025, provides details on money market operations as of September 04, 2025.
**Money Market Operations:**
* **Overnight Segment:** No transactions were reported in Call Money, Triparty Repo, Market Repo, or Repo in Corporate Bonds.
* **Term Segment:** Notice Money volume was ₹18,662.25 Crore with a weighted average rate of 5.37% (range: 4.75-5.50%). Term Money volume was ₹645.00 Crore (range: 5.35-5.70%). Triparty Repo volume was ₹3,96,902.80 Crore with a weighted average rate of 5.36% (range: 5.00-6.15%). Market Repo volume was ₹1,84,726.51 Crore with a weighted average rate of 5.32% (range: 4.00-5.75%). Repo in Corporate Bond volume was ₹2,940.55 Crore with a weighted average rate of 5.48% (range: 5.38-6.35%).
**RBI Operations (Liquidity Adjustment Facility - LAF, Marginal Standing Facility - MSF, Standing Deposit Facility - SDF):**
* **Fixed Rate:** A repo auction of ₹1,50,023.00 Crore with a cut-off rate of 5.49% was conducted with a tenor of 8 days, maturing on September 12, 2025. MSF of ₹4,644.00 Crore with a rate of 5.75% and SDF of ₹1,49,334.00 Crore with a rate of 5.25% were utilized, both with a tenor of 1 day, maturing on September 05, 2025.
* **Net Liquidity Injection:** A net liquidity injection of ₹2,94,713.00 Crore resulted from today's operations.
* **Outstanding Operations:** Net liquidity injection from outstanding operations is ₹7,757.54 Crore.
* **Net Liquidity (Outstanding and Today's Operations):** Total net liquidity injection from outstanding operations, including today's operations, is ₹2,86,955.46 Crore.
**Standing Liquidity Facility (SLF):**
* ₹7,757.54 Crore was availed from RBI.
**Reserve Position:**
* Cash balances with RBI as on September 04, 2025, were ₹9,60,415.63 Crore.
* The average daily cash reserve requirement for the fortnight ending September 05, 2025, is ₹9,63,210.00 Crore.
**Government of India Surplus Cash Balance:**
* ₹0.00 Crore as on September 04, 2025, reckoned for auction.
**Net Durable Liquidity:**
* Net durable liquidity surplus was ₹4,98,055.00 Crore as on August 08, 2025.
**Contact:** Ajit Prasad, Deputy General Manager, Communications. Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai – 400001. Phone: 022 2266 0502, email: helpdoc@rbi.org.in. Website: www.rbi.org.in. Press Release: 2025-2026/1045.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: City in India where the Department of Communication, Central Office of the Reserve Bank of India is located.
Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the money market.
Marginal Standing Facility: A facility under which scheduled commercial banks can borrow overnight funds from the Reserve Bank of India.
Standing Deposit Facility: A tool used by the Reserve Bank of India to absorb excess liquidity from the banking system.
Call Money: A type of short-term lending and borrowing in the money market.
Repo: Repurchase agreement, a form of short-term borrowing for dealers in government securities.
Ajit Prasad: Deputy General Manager, Communications mentioned at the end of the press release.
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
September 05, 2025
Money Market Operations as on September 04, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 0.00 - -
I. Call Money 0.00 - -
II. Triparty Repo 0.00 - -
III. Market Repo 0.00 - -
IV. Repo in Corporate Bond 0.00 - -
B. Term Segment
I. Notice Money** 18,662.25 5.37 4.75-5.50
II. Term Money@@ 645.00 - 5.35-5.70
III. Triparty Repo 3,96,902.80 5.36 5.00-6.15
IV. Market Repo 1,84,726.51 5.32 4.00-5.75
V. Repo in Corporate Bond 2,940.55 5.48 5.38-6.35
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&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo Thu, 04/09/2025 8 Fri, 12/09/2025 1,50,023.00 5.49
3. MSF# Thu, 04/09/2025 1 Fri, 05/09/2025 4,644.00 5.75
4. SDFΔ# Thu, 04/09/2025 1 Fri, 05/09/2025 1,49,334.00 5.25
5. Net liquidity injected from today's
-2,94,713.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSF#
4. SDFΔ#
D. Standing Liquidity Facility (SLF) Availed from RBI$ 7,757.54
E. Net liquidity injected from outstanding operations [injection
7,757.54
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,86,955.46
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on September 04, 2025 9,60,415.63
(ii) Average daily cash reserve requirement for the fortnight ending September 05, 2025 9,63,210.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ September 04, 2025 0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on August 08, 2025 4,98,055.00
@ 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. 2019-2020/1900 dated February 06, 2020.
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: 2025-2026/1045 Deputy General Manager
(Communications)