**Summary:**
This press release from the Reserve Bank of India (RBI), dated September 12, 2025, provides an overview of money market operations as of September 11, 2025.
**Money Market Operations:** The overnight segment saw a volume of ₹6,42,613.69 Crore with a weighted average rate of 5.31% (range: 4.75-6.43%). This includes Call Money (₹21,901.38 Crore at 5.35%), Triparty Repo (₹4,27,106.90 Crore at 5.30%), Market Repo (₹1,91,331.86 Crore at 5.34%), and Repo in Corporate Bond (₹2,273.55 Crore at 5.54%). The term segment included Notice Money (₹259.34 Crore at 5.24%), Term Money (₹490.00 Crore at 5.40%), Triparty Repo (₹887.75 Crore at 5.34%), Market Repo (₹1,724.59 Crore at 5.57%), and Repo in Corporate Bond (₹0.00 Crore).
**RBI Operations:** The net liquidity injected from today's operations (September 11, 2025) amounted to ₹1,22,881.00 Crore. This is a result of Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) and Standing Deposit Facility (SDF) operations. Outstanding operations show a net liquidity injection of ₹1,62,441.10 Crore. The net liquidity injected outstanding including today's operations amounts to ₹2,85,322.10 Crore.
**Reserve Position:** The cash balances with RBI as on September 11, 2025, for Scheduled Commercial Banks were ₹8,89,531.39 Crore. The average daily cash reserve requirement for the fortnight ending September 19, 2025, is ₹9,04,057.00 Crore. The Government of India surplus cash balance reckoned for auction as on September 11, 2025, was ₹0.00 Crore. The net durable liquidity deficit as on August 22, 2025, was ₹4,85,401.00 Crore.
**Standing Liquidity Facility (SLF):** ₹7,756.90 Crore was availed from RBI.
**Contact:** Ajit Prasad, Deputy General Manager, Communications. Email: helpdocrbi.org.in, Phone: 022 2266 0502. Website: www.rbi.org.in.
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 Reserve Bank of India is located.
Money Market: A market for short-term debt instruments.
Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the banking system.
Marginal Standing Facility: A facility under which scheduled commercial banks can borrow additional amount of overnight money from the Reserve Bank of India.
Standing Deposit Facility: A tool used by the Reserve Bank of India to absorb liquidity from the banking system without any collateral.
Cash Reserves Position of Scheduled Commercial Banks: The amount of funds that commercial banks are required to maintain with the Reserve Bank of India.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India
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 12, 2025
Money Market Operations as on September 11, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,42,613.69 5.31 4.75-6.43
I. Call Money 21,901.38 5.35 4.75-5.40
II. Triparty Repo 4,27,106.90 5.30 5.12-5.37
III. Market Repo 1,91,331.86 5.34 5.00-6.00
IV. Repo in Corporate Bond 2,273.55 5.54 5.45-6.43
B. Term Segment
I. Notice Money** 259.34 5.24 5.00-5.40
II. Term Money@@ 490.00 - 5.40-5.90
III. Triparty Repo 887.75 5.34 5.00-5.45
IV. Market Repo 1,724.59 5.57 5.40-5.70
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&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSF# Thu, 11/09/2025 1 Fri, 12/09/2025 1,159.00 5.75
4. SDFΔ# Thu, 11/09/2025 1 Fri, 12/09/2025 1,24,040.00 5.25
5. Net liquidity injected from today's
-1,22,881.00
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 Wed, 10/09/2025 2 Fri, 12/09/2025 20,175.00 5.49
Thu, 04/09/2025 8 Fri, 12/09/2025 1,50,023.00 5.49
3. MSF#
4. SDFΔ#
D. Standing Liquidity Facility (SLF) Availed from RBI$ 7,756.90
E. Net liquidity injected from outstanding operations [injection
-1,62,441.10
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,85,322.10
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on September 11, 2025 8,89,531.39
(ii) Average daily cash reserve requirement for the fortnight ending September 19, 2025 9,04,057.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ September 11, 2025 0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on August 22, 2025 4,85,401.00
@ 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: 2025-2026/1084 Deputy General Manager
(Communications)