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Our Bureau

Mumbai, May 22

The inter-bank call rate closed lower at 7.60-7.80 per cent (7.9-8.1). In the first one-day repo auction under LAF, the RBI received and accepted one bid for Rs 225 crore. There were no bids in the reverse-repo auction. In the second one-day repo auction, it received and accepted 12 bids for Rs 5,055 crore. In the second one-day reverse repo, it accepted and received two bids for Rs 95 crore. The CBLO market saw 416 trades aggregating to Rs 25,546.80 crore in the 7.22-7.90 per cent range.

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