RBI sets limits for non-banks in call mart

 This has been done as a move towards pure inter-bank call/notice money market. At present, non-bank participants are allowed to lend in call/notice money market upto 75 per cent of their average daily lending in call/notice money market during 2000-01.

 Similarly, in order to move further towards phasing out sector-specific standing facilities as also to rationalise the rates at which liquidity is injected into the system, it has been decided that the