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Money & Banking - Short Term Instruments
Call rates at 7.9-8.1%

Our Bureau

Mumbai, Jan. 12

Call rates ruled at 7.9-8.1 per cent against Thursday's 8-8.25 per cent. In the first three-day reverse-repo auction under LAF, the RBI received and accepted one bid for Rs 45 crore and in the first three-day repo auction, the RBI received and accepted 21 bids for Rs 10,400 crore.

In the second three-day reverse-repo auction, the RBI accepted and received three bids for Rs 60 crore and in the second three-day repo auction, the RBI received and accepted 19 bids for Rs 10,430 crore. The CBLO market saw 293 trades aggregating to Rs 17,993.40 crore in the 6.75 per cent-7.33 per cent range.

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