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Our Bureau

Mumbai, Jan 16

The inter bank call rate was unchanged at 8-8.20 per cent. Market participants said that liquidity conditions are likely to remain the same in the next few days. According to agency reports, Mr O.P. Bhatt, Chairman, SBI, said, there was ample liquidity in the financial system to support credit growth and there were no signs of an overheating economy.

In the first one-day reverse-repo auction under LAF, the RBI received and accepted one bid for Rs 20 crore and in the repo auction, the central bank accepted 19 bids for Rs 9,435 crore. In the second one-day reverse-repo auction, the RBI accepted three bids for Rs 70 crore and in the second three-day repo auction, the RBI received and accepted 15 bids for Rs 7,185 crore. The CBLO market saw 327 trades aggregating to Rs 18,245.10 crore in the 7.22 per cent-7.28 per cent range.

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