## Summary of RBI Money Market Operations - September 13, 2025
This press release from the Reserve Bank of India (RBI), dated September 15, 2025, provides details on money market operations as of September 13, 2025.
**Money Markets:** Activity in the overnight and term segments, including call money, triparty repo, market repo, and repo in corporate bonds, was reported as 0.00 Crore.
**Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF):**
* **Today's Operations:** Fixed rate repo operations injected ₹969.00 Crore at a rate of 5.75% for 1 day, maturing on September 14, 2025. SDF absorbed ₹1,12,438.00 Crore at a rate of 5.25% for 1 day, maturing on September 14, 2025. Net liquidity injected from today's operations amounted to ₹1,11,469.00 Crore.
* **Outstanding Operations:** MSF outstanding was ₹1,020.00 Crore at 5.75% maturing on September 15, 2025. SDF outstanding was ₹10,603.00 Crore at 5.25% maturing on September 15, 2025. The total outstanding repo was ₹1,50,015.00 Crore at 5.49% maturing on September 15, 2025.
* **Net Liquidity Impact:** Net liquidity injected from outstanding operations is ₹1,51,870.10 Crore. Total net liquidity injected, including today's operations, is ₹2,63,339.10 Crore.
**Standing Liquidity Facility (SLF):** Banks availed ₹7,756.902 Crore through the SLF.
**Reserve Position:** Scheduled Commercial Banks held ₹9,16,315.27 Crore in cash balances with the RBI as of September 13, 2025. The average daily cash reserve requirement for the fortnight ending September 19, 2025, was ₹9,04,057.00 Crore.
**Government of India Surplus Cash Balance:** The Government of India's surplus cash balance reckoned for auction as on September 12, 2025, was ₹0.00 Crore.
**Net Durable Liquidity:** The net durable liquidity surplus as of August 22, 2025, was ₹4,85,401.00 Crore.
**Contact:** For further information, contact the Department of Communication, Central Office, RBI, at helpdocrbi.org.in or phone 022-2266-0502. The Deputy General Manager, Communications is Ajit Prasad.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: The financial capital of India, where the Central Office of the Reserve Bank of India is located.
Liquidity Adjustment Facility (LAF): A tool used by the Reserve Bank of India to manage liquidity in the money market through repo and reverse repo operations.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow overnight funds from the Reserve Bank of India against their government securities portfolio.
Standing Deposit Facility (SDF): A tool used by the Reserve Bank of India to absorb excess liquidity from the banking system without any collateral.
Repo: A repurchase agreement where the Reserve Bank of India lends money to banks against the collateral of government securities.
Reverse Repo: An agreement where the Reserve Bank of India borrows money from banks, providing government securities as collateral.
Cash Reserve Ratio (CRR): The percentage of a bank's total deposits that it is required to maintain with the 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 15, 2025
Money Market Operations as on September 13, 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** 0.00 - -
II. Term Money@@ 0.00 - -
III. Triparty Repo 0.00 - -
IV. Market Repo 0.00 - -
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# Sat, 13/09/2025 1 Sun, 14/09/2025 969.00 5.75
Sat, 13/09/2025 2 Mon, 15/09/2025 0.00 5.75
4. SDFΔ# Sat, 13/09/2025 1 Sun, 14/09/2025 1,12,438.00 5.25
Sat, 13/09/2025 2 Mon, 15/09/2025 0.00 5.25
5. Net liquidity injected from today's
-1,11,469.00
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 Fri, 12/09/2025 3 Mon, 15/09/2025 1,50,015.00 5.49
3. MSF# Fri, 12/09/2025 2 Sun, 14/09/2025 0.00 5.75
Fri, 12/09/2025 3 Mon, 15/09/2025 1,020.00 5.75
4. SDFΔ# Fri, 12/09/2025 2 Sun, 14/09/2025 29.00 5.25
Fri, 12/09/2025 3 Mon, 15/09/2025 10,603.00 5.25
D. Standing Liquidity Facility (SLF) Availed from RBI$ 7,756.902
E. Net liquidity injected from outstanding operations [injection
-1,51,870.10
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,63,339.10
operations) [injection (+)/absorption (-)]*
RESERVE POSITION@
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on September 13, 2025 9,16,315.27
(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 12, 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: 2025-2026/1097 Deputy General Manager
(Communications)