Dhaka, Oct. 11 -- Interbank short-term lending and borrowing on the call-money market is making a resounding rebound, with the September turnover recording a 26.6-percent month-on-month rise to Tk 1.47 trillion.

Bankers and analysts say the turnaround is taking place on the back of increasing liquidity on the money market-a development that is also easing the exigency of state cash feeding to cash-strapped banks.

The sharp rise indicates that interbank transactions have expanded, thus reducing the banks' reliance on borrowing from the central bank or Bangladesh Bank.

Of the total call-money transactions, 87.41 per cent were overnight deals reflecting the dominance of short-term liquidity adjustments among banks.

The turnover on the in...