SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Call rates ebb on anticipation of cash inflows

03 Jul 2012 Evaluate

Interbank call rates opened lower at 8.20/30% as compared to its previous close of 8.30/35% as anticipation of hard cash flowing back into the banking system, on account of dwindling circulation of currency during the monsoon, also gave some respite to the overnight cash rates.

The banks via Liquidity Adjustment Facility (LAF) borrowed Rs 97,915 crore through repo window on July 3, 2012, while, the banks via special LAF borrowed Rs 49,450 crore via repo window and parked Rs 7,760 crore via reverse repo window on June 29, 2012.

The overnight borrowing rates has touched a high of 8.25% and a low of 8.15%, so far.

According to the Clearing Corporation of India (CCIL), the weighted average rate (WAR) in the call money market was 8.01% on Tuesday and total volume stood at Rs 13,787.48 crore, so far.

As per CCIL data, WAR in the CBLO (Collateralized Borrowing and Lending Obligation) market was 8.01% on Tuesday and total volume stood at Rs 21,670.20 crore, so far.

The indicative call rates which closed at 8.30/35% on Monday were contributions made from Andhra Bank, AXIS Bank, Bank of America, Bank of Baroda, Bank of India, Canara Bank, J P Morgan Chase, Citibank N.A., Corporation Bank, Credit Agricole Bank, Indusind Bank, ICICI Bank, ICICI Securities, IDBI Bank, Jammu and Kashmir Bank, Punjab National Bank, RBS, Societe Generale, Standard Chartered Bank, State Bank of India, Union Bank of India, ING Vysya Bank, BNP Paribas, HDFC Bank, P&S Bank. 

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×