SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Call rates trade unchanged as demand remains low on penultimate day of reporting cycle

26 Jul 2012 Evaluate

Interbank call rates were trading almost unchanged at 8.00/8.05% as compared to its previous close of 7.95/8.00% since demand remained low on the penultimate day of the reporting cycle. The call rates could shoot higher on Friday as last minute demand to fulfill fortnightly requirement could take place, however, lower bank credit-deposit ratio and month-end government spending would provide a cap on surge of the call rates in the near term future.

The banks via Liquidity Adjustment Facility (LAF) borrowed Rs 22,300 crore through repo window on July 26, 2012, while, the banks via LAF borrowed Rs 33,920 crore via repo window and parked Rs 10 crore through reverse repo window on July 25, 2012.

The overnight borrowing rates has touched a high of 8.05% and a low of 7.95%, so far.

According to the Clearing Corporation of India (CCIL), the weighted average rate (WAR) in the call money market was 7.96% on Thursday and total volume stood at Rs 20,605.95 crore, so far.

As per CCIL data, WAR in the CBLO (Collateralized Borrowing and Lending Obligation) market was 7.94% on Thursday and total volume stood at Rs 40,857.00 crore, so far.

The indicative call rates which closed at  7.95/8.00% on Wednesday 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:

×