Interbank call rates, the rates at which banks borrow short-term funds from each other, were trading at 5.20% with a total volume of Rs 13541.27 crore, so far. The weighted average rate (WAR) in the call money market was at 5.59% on Friday as compared to was at 5.44% on Thursday, as demand remained on the higher side in the first week of reporting cycle.

The overnight borrowing rates touched a high and low of 5.70% and 4.85% respectively.

As per CCIL data, WAR in the TREP (Triparty Repo) market was 5.48% on Friday and total volume stood at Rs 369851.30 crore, so far.

According to the WAR in the Basket REPO market was at 5.54% on Friday and total volume stood at Rs 144041.34 crore, so far.

The indicative call rates which closed at 5.44% on Thursday, 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, so far.