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Our Bureau

Mumbai, March 15

Call rates closed higher at 5.40-5.50 per cent (5.20-5.40). In the first one-day reverse repo auction, the RBI received fourteen bids for Rs 19,370 crore, while it accepted Rs 2,000 crore.

In the second one-day reverse repo auction, the RBI received ten bids for Rs 8,145 crore and accepted Rs 1,000 crore. There were no repo bids. The CBLO market saw 429 trades aggregating Rs 23,366.70 crore in the 3.60-6.45 per cent range.

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