ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Squarish but Tight

In the narrow interbank call money market in Bombay last week — "narrow," because the volume of fresh money transacted continues to be small — conditions tended to become somewhat tight though the call rate was maintained at four per cent per annum. There were no transactions at lower rates and lenders tried hard to bid up the rate to a high perch by squeezing down supply.



Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top