Business Daily from THE HINDU group of publications Friday, Jul 20, 2007 ePaper |
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Money & Banking
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Short Term Instruments Call rates down at 0.2-0.3%
Mumbai, July 19 The inter-bank call rates closed at 0.2-0.3 per cent against the previous close of 0.25-0.45 per cent. The Reserve Bank of India received bids for Rs 1,08,680 crore while it accepted bids to the tune of Rs 3,000 crore through the reverse repo window under the two sessions of Liquidity Adjustment Facility. The central bank did not receive any bids through the repo window. In the first one-day reverse repo auction, the RBI received 48 bids for Rs 65,920 crore while it accept ed Rs 1,984 crore. In the second one-day reverse repo auction, the RBI received 38 bids for Rs 42,760 crore while it accepted Rs 1,016 crore. There were no repo bids in the first and second one-day auctions. The CBLO market saw 206 trades aggregating Rs 21,516.65 crore in the 0.02-0.06 per cent range. — Our Bureau
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