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Money & Banking - Short Term Instruments
Call ends lower at 0.25-0.35%

Mumbai, July 17

The inter-bank call rates closed at 0.25-0.35 per cent on Tuesday, lower than the previous close of 0.4-0.5 per cent. The Reserve Bank of India received bids for Rs 1,02,535 crore through the reverse repo window under the two sessions of Liquidity Adjustment Facility while it accepted Rs 1,999 crore. The central bank did not receive any bids through the repo window. In the first one-day reverse repo auction, the RBI received 47 bids for Rs 66,970 crore while it accepted Rs 1,996 crore. In the second one-day reverse repo auction, the central bank received 38 bids for Rs 35,565 crore while it accepted Rs 1,003 crore. There were no repo bids in the first and second one-day auctions. The CBLO market saw 231 trades aggregating Rs 24,730.25 crore in the 0.02-1 per cent range. —

Our Bureau

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