The Hindu Business Line : Call rates tad lower

Banks parked Rs 23,470 crore with the RBI. According to a dealer in a private bank, "Liquidity was comfortable on RBI's regular intervention in the forex market." Call rates closed at 6.10-6.20 per cent on Tuesday against the previous day's close at 6.15-6.25 per cent.

In the first one-day reverse repo auction, the RBI received and accepted eight bids for Rs 2,270 crore. In the second one-day reverse repo auction, the RBI received and accepted twenty-nine bids for Rs 21,200 crore. There were no repo bids. The CBLO market saw 381 trades aggregating Rs 21,101.90 crore in the 5.60-6.00 per cent range.

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