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Our Bureau

Mumbai, Feb. 14

Call rates closed higher at 7-7.10 per cent today against the previous close of 6.50-6.60 per cent. In the first one-day reverse repo auction under LAF, the RBI received and accepted two bids for Rs 40 crore, while it received no repo bids in the first one-day auction.

In the second one-day reverse repo auction, the RBI received and accepted three bids for Rs 85 crore and in the second one-day repo auction, the RBI received and accepted one repo bid for Rs 15 crore. The CBLO market saw 399 trades aggregating Rs 25,135.30 crore in the 6.77-7.15 per cent range.

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