The Hindu Business Line : Call rates close at 9-9.25%

Call closed higher at 9-9.25 per cent on Monday against the previous close of 8-9 per cent. In the first three-day reverse repo auction, the RBI received and accepted one bid for Rs 15 crore. In the first three-day repo auction, RBI received and accepted seventeen bids for Rs 8,360 crore. In the second three-day repo auction, RBI received and accepted twenty-three bids for Rs 7,615 crore. There was no reverse repo bid in the second three-day auction. The CBLO market saw 307 trades aggregating Rs 14,554.20 crore in the 7.20 per cent-8.75 per cent range.

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