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Money & Banking - Short Term Instruments
Call rate closes at 7.90-8%

Our Bureau

Mumbai, Dec. 14

The call rate closed at 7.90-8 per cent (7.8-7.9 per cent).

In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted three bids for Rs 125 crore. In the first one-day repo auction, it received and accepted 16 bids for Rs 5,740 crore. In the second one-day reverse repo auction, the apex bank accepted and received seven bids for Rs 4,735 crore, and one bid for Rs 100 crore in the second one-day repo auction. The CBLO market saw 408 trades aggregating to Rs 23,405.3 crore in the 6.9-7.5 per cent range.

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