Markets · 1 sources covering this

WACR tops repo rate for first time in nearly 2 months

Liquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve Bank of India is undertaking actions to absorb surplus liquidity. With government expenditures and bond sales looming, analysts predict a return to normalcy in liquidity levels, hovering near ₹5 lakh crore by month-end, while the Reserve Bank maintains oversight on the call rate.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·1h ago
WACR tops repo rate for first time in nearly 2 months
Liquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve Bank of India is undertaking actions to absorb surplus liquidity. With government expenditures and bond sales looming, analysts predict a return to normalcy in liquidity levels, hovering near ₹5 lakh crore by month-end, while the Reserve Bank maintains oversight on the call rate.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/71df49875e7f204a548819008a68c5b536c22c01"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="WACR tops repo rate for first time in nearly 2 months"></iframe>

WACR tops repo rate for first time in nearly 2 months

How 1 sources are covering this

WACR tops repo rate for first time in nearly 2 months

More from Markets

Sensex, Nifty 50 prediction today: How Asian markets, crude will impact Indian markets? Gift Nifty, Kospi, Taiwan signal

CD rates move in opposite directions amid liquidity surge

Raja Venkatraman recommends three stocks for 23 September

Stock recommendations for 23 September from MarketSmith India

Reader

Trust & legal

Across the network