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Money & Banking - Short Term Instruments
Call rates tad lower

Our Bureau

Mumbai, Oct 26

Call rates ruled between 7 per cent and 7.10 per cent against 7.10-7.20 per cent. In the first one-day repo auction under LAF, the Reserve Bank of India received and accepted onebid amounting to Rs 10 crore.

In the reverse repo auction, there were no bids. In the second one-day reverse repo auction, the RBI accepted and received 18 bids for Rs 16,335 crore. The CBLO market saw 385 trades aggregating to Rs 20,835.20 crore in the 2-7.10 per cent range.

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