The Hindu Business Line : Call ends higher at 0.3-0.4%

The inter-bank call rates closed at 0.3-0.4 per cent on Monday, against the previous close of 0.15-0.25 per cent. The Reserve Bank of India received bids worth Rs 97,815 crore through the reverse repo window under the two sessions of Liquidity Adjustment Facility while it accepted Rs 2,999 crore. The central bank did not receive any bid through the repo window. In the first one-day reverse repo auction, the RBI received 38 bids worth Rs 59,910 crore while it accepted bids to the tune of Rs 1,991 crore. In the second one-day reverse repo auction, the central bank received 32 bids worth Rs 37,905 crore while it accepted Rs 1,008 crore. There were no repo bids in the first and second one-day auctions. The CBLO market saw 241 trades aggregating Rs 24,470.30 crore in the 0.01-0.09 per cent range. —

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