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 Money & Banking - Short Term Instruments
Call rates up at 6.50-6.70 pc

Our Bureau

Mumbai, Oct. 13

Call rates closed at 6.50-6.70 per cent (6.35-6.45). In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted seven bids amounting to Rs 6,190 crore.

In the second auction, 24 bids for Rs 12,085 crore were received and accepted. The CBLO market saw 280 trades amounting to Rs 14,478.85 crore in the 4-6.22 per cent range.

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Call rates up at 6.50-6.70 pc

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