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India Call: Ends sharply below SDF rate as liquidity surplus nears 3-yr high

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India Call

Ends sharply below SDF rate as liquidity surplus nears 3-yr high

This story was originally published at 19:17 IST on June 4, 2025  Back
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The interbank call money rate ended sharply below the Reserve Bank of India's Standing Deposit Facility rate of 5.75% as the liquidity surplus touched a near three-year high on inflows from government month-end spending, dealers said. Inflows from government month-end spending added around INR 1.75 trillion to the banking system, according to market participants.

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