FINANCIAL MARKETS

Well-functioning, liquid and resilient financial markets help monetary policy transmission as well as in allocation and absorption of risks entailed in financing India’s growth.

Press Release

(334 kb)

Date : Apr 01, 2025

Money Market Operations as on March 28, 2025


(Amount in ₹ crore, Rate in Per cent)

MONEY MARKETS^@
	Volume (One Leg)	Weighted Average Rate	Range
A. Overnight Segment (I+II+III+IV)	37,055.64	6.24	5.00-7.75
I. Call Money	2,813.50	6.03	5.50-6.60
II. Triparty Repo	30,904.55	6.18	5.00-6.65
III. Market Repo	2,295.69	6.74	5.50-7.25
IV. Repo in Corporate Bond	1,041.90	7.54	7.50-7.75
B. Term Segment
I. Notice Money**	10,041.91	7.12	5.60-7.50
II. Term Money^@@	153.00	-	6.70-7.30
III. Triparty Repo	3,34,287.70	6.72	4.00-7.65
IV. Market Repo	1,68,806.51	7.14	4.00-7.70
V. Repo in Corporate Bond	0.00	-	-

RBI OPERATIONS^@
	Auction Date	Tenor (Days)	Maturity Date	Amount	Current 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	Fri, 28/03/2025	5	Wed, 02/04/2025	50,001.00	6.37
	Fri, 28/03/2025	5	Wed, 02/04/2025	38,423.00	6.26
(b) Reverse Repo
(III) Long Term Operations^
(a) Repo
(b) Reverse Repo
3. MSF^#	Fri, 28/03/2025	1	Sat, 29/03/2025	7,365.00	6.50
	Fri, 28/03/2025	2	Sun, 30/03/2025	0.00	6.50
	Fri, 28/03/2025	3	Mon, 31/03/2025	0.00	6.50
	Fri, 28/03/2025	4	Tue, 01/04/2025	0.00	6.50
	Fri, 28/03/2025	5	Wed, 02/04/2025	475.00	6.50
4. SDF^Δ#	Fri, 28/03/2025	1	Sat, 29/03/2025	2,72,413.00	6.00
	Fri, 28/03/2025	2	Sun, 30/03/2025	0.00	6.00
	Fri, 28/03/2025	3	Mon, 31/03/2025	0.00	6.00
	Fri, 28/03/2025	4	Tue, 01/04/2025	276.00	6.00
	Fri, 28/03/2025	5	Wed, 02/04/2025	6,367.00	6.00
5. Net liquidity injected from today's operations [injection (+)/absorption (-)]*				-1,82,792.00
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
(III) Long Term Operations^
(a) Repo	Fri, 21/02/2025	45	Mon, 07/04/2025	57,951.00	6.26
	Fri, 14/02/2025	49	Fri, 04/04/2025	75,003.00	6.28
	Fri, 07/02/2025	56	Fri, 04/04/2025	50,010.00	6.31
(b) Reverse Repo
3. MSF^#
4. SDF^Δ#
D. Standing Liquidity Facility (SLF) Availed from RBI^$				9,182.09
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*				1,92,146.09
F. Net liquidity injected (outstanding including today's operations) [injection (+)/absorption (-)]*				9,354.09
RESERVE POSITION^@
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on		March 28, 2025		9,49,440.99
(ii) Average daily cash reserve requirement for the fortnight ending		April 04, 2025		9,28,983.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on^¥		March 28, 2025		88,424.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on		March 07, 2025		54,323.00
^@ 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.
^ As per the Press Release No. 2024-2025/2082 dated February 05, 2025, Press Release No. 2024-2025/2138 dated February 12, 2025, and Press Release No. 2024-2025/2209 dated February 20, 2025.
Ajit Prasad Deputy General Manager (Communications)
Press Release: 2025-2026/1

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