Call money market sees Rs 3,000 crore surge in volumes as extended trading hours begin

The call money market witnessed a surge in volumes by ₹3,000 crore, reaching ₹16,015 crore, following the extension of trading hours until 7 pm. Public sector banks and primary dealers actively participated, contributing to the increased activity. This extension aims to boost overnight money market trading and discourage parking funds in the standing deposit facility.