RBI relaxing borrowing limit in interbank call market no 'game changer': Traders
The Reserve Bank of India on Thursday allowed banks to set their own limits to borrow from the interbank call money market in a bid to better manage liquidity, though at least four traders said it would not move the needle much as lenders might not be willing, or able to participate.
Banks can currently borrow all of their capital funds on a daily average basis in a reporting fortnight, and 125% of capital funds on any given day. Image Courtesy: Reuters.