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 Money & Banking - Short Term Instruments


No change in call rates

Our Bureau

Mumbai, March 2

The call rate closed at the same level of 6.50/6.60 per cent.

In the first one-day auction, the Reserve Bank of India (RBI) received no bids in the reverse repo and six bids for Rs 995 crore in the repo. In the second auction, the RBI received and accepted five bids for Rs 530 crore in reverse repo and three bids for Rs 290 crore in the repo auction. In the CBLO market, there were 395 trades for Rs 21,421.15 crore in the 6.01-6.35 per cent.

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