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Money & Banking - Short Term Instruments
Call rates up on tight liquidity

Our Bureau

Mumbai, Oct. 19

Call rates ruled at 6.85-6.95 per cent against 6.75-6.85 per cent on tight liquidity. In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted three bids amounting to Rs 360 crore and in the second one-day reverse repo auction, four bids for Rs 1,175 crore. The CBLO market saw 394 trades aggregating to Rs 22,334.80 crore in the 6-7 per cent range.

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