The Hindu Business Line : Call rates fall

Some banks borrowed Rs 11, 910 crore from the RBI under the repo facility while a few others parked surpluses of Rs 6,770 crore with the central bank under reverse repo. In between, call rates slipped to close at 6.25 - 6.50 per cent today against the previous close of 7 - 7.10 per cent.

In the first one-day reverse repo auction under LAF, RBI received and accepted two bids for Rs 15 crore and in the first one-day repo auction, the RBI received and accepted 19 bids for Rs 10,155 crore. In the second one - day reverse repo auction, the RBI received and accepted 28 bids for Rs 6,755 crore and in the second one - day repo auction it received and accepted four bids for Rs 1,755 crore. The CBLO market saw 377 trades aggregating Rs 21,055.30 crore in the 4.49 - 7.95 per cent range.

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