The Hindu Business Line : Call ends low at 1-1.25%

Buoyed by the surplus cash in the system, the inter-bank call rates closed at a low of 1-1.25 per cent on Tuesday against the previous close of 2.75-3 per cent. The Reserve Bank of India received bids worth Rs 79,590 crore through the reverse repo window, under the two sessions of liquidity adjustment facility while it mopped up bids worth Rs 2,997 crore. The RBI did not receive any bids through the repo window. In the first one-day reverse repo auction, the central bank received 30 bids for Rs 43,695 crore while it accepted Rs 2,000 crore. In the second one-day reverse repo auction, the RBI received 31 bids for Rs 35,895 crore while it accepted Rs 997 crore. There were no repo bids in the first and second one-day auctions. The CBLO market saw 255 trades aggregating Rs 25,006.75 crore in the 0.03-0.5 per cent range.

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