Demand-Supply Mismatch May Peg Call High

Call rates are likely to remain firm in the 6.50-7.25 per cent range this week due to high demand and low supply of funds. The demand will be due to two holidays during the week, while the supply shortage will be due to the absence of lenders because they will not be interested to part away with liquidity on the last week of the financial year.

The treasury head at a new private sector bank said: