Now Reading: Overnight call rate ends at 5.10 pc on August 13
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Overnight call rate ends at 5.10 pc on August 13
The Reserve Bank of India's data for August 13, 2026 shows the weighted average call money rate at 5.21 per cent, within a range of 4.60-5.30 per cent. The total overnight segment…
The Story in Brief
The Reserve Bank of India's data for August 13, 2026 shows the weighted average call money rate at 5.21 per cent, within a range of 4.60-5.30 per cent. The total overnight segment volume stood at Rs 5,81,244.85 crore, with the weighted average rate at 5.10 per cent. The central bank conducted a variable rate reverse repo operation of Rs 80,170 crore at 5.24 per cent for one day.
Under the liquidity adjustment facility, banks borrowed Rs 595 crore through the Marginal Standing Facility at 5.50 per cent. The Standing Deposit Facility saw banks park Rs 1,46,133 crore at 5.00 per cent. The data, released by the RBI, reflects the daily money market operations and liquidity conditions.
The Indian Opinion
The narrow gap between the repo rate (assumed at 5.00 per cent) and the overnight rate suggests ample liquidity, yet banks are still tapping the MSF at a higher rate. This is not a sign of distress but of fine-tuning by treasuries. The real test will be credit offtake in the coming weeks; if it picks up, rates will firm. Can the RBI keep this balance through September?
Source: rbi.org.in
This story was synthesised by AI from the source linked above.
