The Hindu Business Line : Call rates close higher

The Reserve Bank of India on Thursday lent Rs 17,865 crore to banks through the repo window while the banks parked Rs 40 crore under the reverse repo with the central bank. Call rates closed higher at 10-11 per cent against Wednesday's close at 7-9 per cent.

In the first one-day reverse repo auction, the RBI received and accepted one bid for Rs 30 crore. In the first one-day repo auction, it received and accepted 20 bids for Rs 13,005 crore. In the second one-day reverse repo auction, it received and accepted one bid for Rs 10 crore while in the second one-day repo auction, it received and accepted 12 bids for Rs 4,860 crore. The CBLO market saw 399 trades aggregating Rs 20,693.30 crore in the 5.77 per cent-8 per cent range.

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