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Money & Banking - Short Term Instruments
Call rates at 6.85-6.95 pc

Our Bureau

Mumbai, Nov. 1

Call ruled between 6.85 per cent and 6.95 per cent against 6.80-6.90 per cent. In the first one-day reverse-repo auction under LAF, the RBI received and accepted two bids amounting to Rs 260 crore. There were no repo bids. In the second one-day reverse-repo auction, the RBI accepted and received nine bids for Rs 4,315 crore. The CBLO market saw 407 trades aggregating to Rs 22,920.15 crore in the 5.95-6.75 per cent range.

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