The Hindu Business Line : Call rates close at 6.5-7%

Call rates closed at 6.5-7 per cent (7-8 per cent). In the first four-day repo auction, the RBI received and accepted three bids for Rs 1,165 crore and in the reverse repo auction there was one bid for Rs 30 crore (against the limit of Rs 2,000 crore).

In the second four-day repo auction, the RBI accepted one bid for Rs 400 crore and in the reverse- repo auction there were four bids for Rs 80 crore (against the limit of Rs 1,000 crore). The CBLO market saw 463 bids aggregating Rs 25,258 crore in the 4-7.5 per cent range.

More Stories on : Short Term Instruments

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rupee closes on high note

ICICI project in AP to be ready next year

Bank of Baroda hikes lending rate to 13.25%

Bond prices drop by 23 paise

Call rates close at 6.5-7%

Bank branches turning into comfort zones for customers

Chidambaram to meet bankers, RBI officials

SBH aiming for Rs 1 lakh cr turnover this year

RBI says no to Nayak being reappointed