The Hindu Business Line : Call rates slip

Call rates slipped to 6.80-7 per cent against the previous close of 7.80-7.90 per cent. In the first one-day reverse repo auction RBI received and accepted one bid for Rs 25 crore while in the first one-day repo auction RBI received and accepted eight bids for Rs 1,470 crore. In the second one-day reverse repo auction RBI received and accepted six bids for Rs 3,465 crore while there was no repo bids in the second one-day auction. The CBLO market saw 541 trades aggregating to Rs 27,213.25 crore in the 7.50-7.50 per cent range.

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