The Hindu Business Line : Call rates up on tight liquidity

Liquidity was tight due to the festive season. Banks do not have too much surplus cash, dealers said. Call rates were ruled between 6.65 - 6.75 per cent (6.6 - 6.7 per cent). In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted three bids amounting to Rs 575 crore and in the second one-day reverse repo auction, nine bids for Rs 3,350 crore. The CBLO market saw 381 trades aggregating to Rs 22,478.4 crore in the 5.97-6.65 per cent range.

More Stories on : Short Term Instruments

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rupee rises sharply

South Indian Bank Q2 net rises 383 pc

Punjab & Sind net doubles

Growth in advances lifts Centurion net

HDFC Bank net rises 31 pc in Q2

UCBs' home loan limit hiked

PNB launches doorstep banking

French co-op keen on presence here

Bond yields set to rise

Bond prices range-bound

Call rates up on tight liquidity

HSBC `Helping Hands mela'

Goa signs MoU with RBI