Business Daily from THE HINDU group of publications Thursday, Jul 26, 2007 ePaper |
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Money & Banking
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Short Term Instruments Call rates end flat
Mumbai, July 25 The inter-bank call rates closed flat at 0.2-0.3 per cent on Wednesday. The Reserve Bank of India received bids worth Rs 1,07,600 crore while it accepted bids to the tune of Rs 2,993 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 47 bids for Rs 68,115 crore while it accepted Rs 1,995 crore. In the sec ond one-day reverse repo auction, it received 39 bids for Rs 39,485 crore while it accepted Rs 998 crore. There were no repo bids in the first and second one-day auctions. The CBLO market saw 219 trades aggregating Rs 21,507.1 crore in the 0.01-0.1 per cent range. — Our Bureau
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