WACR Tops Repo Rate for First Time in Nearly 2 Mths

Liquidity Surplus Falls Below 5 Lakh Crore Our Bureau Mumbai: The weighted average call rate (WACR) inched above the repo rate for the first time in nearly two months as liquidity drained from the banking system, reducing below the 5-lakh crore mark. WACR stood at 5.31% on Tuesday, up from 5.24% on…