Business Daily from THE HINDU group of publications
Thursday, Jul 19, 2007
ePaper
Business Daily from THE HINDU group of publications Thursday, Jul 19, 2007 ePaper |
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Money & Banking
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Short Term Instruments Call rates end at 0.25-0.45%
Mumbai, July 18 The inter-bank call rates closed at 0.25-0.45 per cent on Wednesday against the previous close of 0.25-0.35 per cent. The Reserve Bank of India received bids worth Rs 1,10,165 crore through the reverse repo window under the two sessions of Liquidity Adjustment Facility while it accepted bids to the tune of Rs 3,000 crore. The RBI did not receive any bid through the repo window. In the first one-day reverse repo auction, the central bank received 44 bids for Rs 67,310 crore while it accepted Rs 1,998 crore. In the second one-day reverse repo auction, it received 39 bids for Rs 42,855 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 215 trades aggregating Rs 22,320.25 crore in the 0.02-0.1 per cent range. — Our Bureau
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