Call money rates surge to 7% as banks borrow to meet fiscal year-end liquidity needs. Demand rises due to balance sheet ...

Call money rates on Monday touched the 7% mark as banks stepped up borrowing to meet heightened liquidity requirements ahead ...

When the money market is already stressed by high government borrowing, newly introduced programmes such as the Family Card and farm loan waivers are likely to create additional fiscal pressure, ...

The Reserve Bank of India (RBI) is likely to announce a short-tenor variable rate reverse repo (VRRR) auction in the coming days to mop up excess liquidity from the banking system and steer the ...