The Hindu Business Line : Call rates up

The inter-bank call rates closed at 7.80-7.90 per cent (7.70-7.80 per cent) on Friday. In the first three-day reverse repo auction under LAF, the RBI received one bid for Rs 300 crore and 12 bids for Rs 6,665 crore were accepted in the repo auction.

In the second two-day reverse-repo auction the RBI accepted nine bids for Rs 3,045 crore and in the repo auction, 14 bids for Rs 4,130 crore were accepted. The CBLO market saw 361 trades aggregating Rs 21,132.15 crore in the 7-7.60 per cent range.

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