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Money & Banking - Short Term Instruments
Call rates a tad higher

Our Bureau

Mumbai, Nov. 15

Call rates ruled between 7-7.1 per cent against 6.9-7 per cent on Tuesday. In the first one-day reverse-repo auction under LAF, the RBI received and accepted one bid amounting to Rs 120 crore. There were no repo bids. In the second one-day reverse-repo auction, RBI accepted and received three bids for Rs 4,990 crore. The CBLO market saw 359 trades aggregating to Rs 19,017.15 crore in the 6.75-7.15 per cent range.

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