Mumbai, March 30 Call money rates on Monday reached the 7 per cent mark as banks increased borrowing to meet heightened liquidity requirements ahead of the fiscal year-end.Market participants said that demand for short-term funds has risen sharply due to balance sheet adjustments and...
Mumbai, February 11 The Reserve Bank of India (RBI) is likely to announce a short-term variable rate reverse repo (VRRR) auction in the coming days to absorb excess liquidity from the banking system and bring the overnight call money rate closer to the policy repo rate, experts said on...