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Our Bureau

Mumbai, March 1

The call rate closed at 6.50-6.60 per cent. In the first one-day auction, RBI received no bids in the reverse repo and seven bids for Rs 1,325 crore in the repo. In the second auction, RBI received and accepted four bids for Rs 880 crore in reverse repo and seven bids for Rs 3,480 crore in the repo auction. In the CBLO market, there were 383 trades for Rs 23,737.45 crore in the 6-6.45 per cent.

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