Now Reading: Overnight call rate ends at 5.09% on August 7
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Overnight call rate ends at 5.09% on August 7
The Reserve Bank of India reported that the weighted average call money rate settled at 5.09 per cent on August 7, 2026, within a range of 4.00 to 5.15 per cent. Total…
The Story in Brief
The Reserve Bank of India reported that the weighted average call money rate settled at 5.09 per cent on August 7, 2026, within a range of 4.00 to 5.15 per cent. Total overnight segment turnover stood at Rs 6,13,168.96 crore, driven largely by triparty repo at Rs 4,10,804.20 crore at an average rate of 4.96 per cent.
Under the Liquidity Adjustment Facility, the RBI conducted a one-day MSF auction of Rs 7.00 crore at the marginal standing facility rate of 5.50 per cent. No variable rate repo or reverse repo operations were reported for the day.
The Indian Opinion
The usual commentary around these daily data releases treats every small move in the call rate as a signal of systemic stress. Yet the weighted average rate remains within the policy corridor, and volumes in triparty repo show that banks are comfortable parking surplus cash. What matters more for the real economy is whether this liquidity surplus translates into lower lending rates for borrowers, a number the next credit growth report will answer.
Source: rbi.org.in
This story was synthesised by AI from the source linked above.
