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Call rates rise

Overnight call rates increased within the range of 4.25-6.75% on Saturday, November 15. Weighted Average Rate (WAR) stood at 6.58% on November 15, as compared to 5.14% on the previous working day i.e. November 14. The total turnover of the call market fell sharply to Rs 1,725.9 million from the previous day`s Rs 117.5 million. The amount outstanding under the standing liquidity adjustment facility available with the RBI was Rs 40,934.2 million at 7.50% on November 15, while the amount   read more »

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