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Mumbai, July 11

The inter-bank call rates remained unchanged and closed at 0.5-0.6 per cent on Wednesday. “Liquidity is comfortable and the surplus cash is here to remain,” said a dealer with a private bank. The Reserve Bank of India received bids worth Rs 91,995 crore through the reverse repo window under the two sessions of Liquidity Adjustment Facility while it accepted bids to the tune of Rs 2,997 crore. The RBI did not receive any bids through its repo window. In the firs t one-day reverse repo auction, the central bank received 43 bids for Rs 56,590 crore while it accepted Rs 1,995 crore. In the second one-day reverse repo auction, it received 32 bids for Rs 35,405 crore while it accepted Rs 1,002 crore. There were no repo bids in the first and second one-day auctions. The CBLO market saw 299 trades aggregating Rs 33,007.8 crore in 0.02-0.1 per cent range. —

Our Bureau

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