Tag: WACR
Posted in Economy
RBI steps keep average call rates in check
Mumbai: The Reserve Bank of India has been actively managing surplus liquidity in the banking system by conducting variable rate repo and variable rate reverse…
Posted in Economy
WACR climbs to 6.69% amid banking system liquidity deficit
The weighted average call rate, which indicates banks’ overnight cost of borrowing, closed at 6.69% on Thursday, 19 basis point higher than the Reserve Bank…