#CallMoney
Is RBI steering monetary policy with an outdated compass?

With collateralised markets like TREPS and basket repos booming, is it time to shift toward a more representative benchmark like SORR?

Read the article by Richard Fargose 👇

#RBI #WACR #CallMoney #PolicyShift #SORR #RepoRate #MonetaryTools
Why RBI’s Call Money Benchmark Is Losing Relevance
RBI’s reliance on WACR as its policy anchor is misaligned with market realities. A shift to secured benchmarks like SORR is overdue.
basispointinsight.com
July 10, 2025 at 9:03 AM