• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, April 10

In just about 10 days into the new fiscal (2007-08), rupees were available in plenty and banks were seen parking excess funds with the RBI. Banks placed over Rs 29,120 crore with the RBI through the reverse repo window while the central bank accepted Rs 3,000 crore.

Call rates eased further to close at 5 - 5.50 per cent on Tuesday against yesterday's close at 6.75 - 7 per cent. In the first one - day reverse repo auction, the RBI received eleven bids for Rs 14,295 crore while it accepted Rs 1,999 crore. In the second one - day reverse repo auction, RBI received twenty bids for Rs 14,825 crore while it accepted Rs 1,001 crore. There were no repo bids in the first and second one - day auction. The CBLO market saw 475 trades aggregating Rs 24,224.85 crore in the 2.25 per cent - 5.56 per cent range.

More Stories on : Short Term Instruments

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

Stories in this Section
NSDL to keep records for new pension scheme

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line