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India Call: Ends at SDF rate on ample systemic liquidity, month-end inflow

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India Call

Ends at SDF rate on ample systemic liquidity, month-end inflow

This story was originally published at 17:45 IST on June 30, 2025  Back
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Ample liquidity in the banking system and likely inflows from the governemnent's month-end spending led the the interbank call money rate to close at Reserve Bank of India's Standing Deposit Facility rate Monday, dealers said. In the early trading hours, the money market rates were high on account of banks' need for funds to meet the quarter-end credit disbursal needs, they said. Consequently, the weighted average call money rate also rose to 5.50%, from 5.38% Friday.

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