The Hindu Business Line : Call rates rise

Call rates jumped to 7.25-7.35 per cent against 6.55 per cent and 6.65 per cent on Monday, due to tight liquidity in the system. In the first one-day reverse-repo auction under LAF, the RBI received and accepted three bids for Rs 175 crore and in the first one-day repo auction, the RBI received and accepted eight bids for Rs 2,010 crore. In the second one-day reverse-repo auction, the RBI accepted and received seven bids for Rs 9,440 crore and in the second one-day repo auction, it received and accepted eight bids for Rs 2,010 crore. The CBLO market saw 426 trades aggregating to Rs 22,868.30 crore in the 6.7 per cent-7.9 per cent range.

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