Business Daily from THE HINDU group of publications Friday, Aug 03, 2007 ePaper |
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Money & Banking
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Short Term Instruments Call rates remain firm
Mumbai, Aug. 2 The inter-bank call rates closed at 0.1-0.3 per cent on Thursday. The Reserve Bank of India received bids worth Rs 1,23,070 crore through the reverse repo window under the two sessions of Liquidity Adjustment Facility while it accepted Rs 2,997 crore. The central bank did not receive any bid through the repo window. In the first one-day reverse repo auction, the RBI received 41 bids for Rs 74,040 crore while it accepted Rs 1,991 crore. In the second one-day reverse repo au ction, it received 33 bids for Rs 49,030 crore while it accepted Rs 986 crore. There were no repo bids in the first and second one-day auctions. The CBLO market saw 168 trades aggregating Rs 13,462.35 crore in the 0.01-0.06 per cent range. — Our Bureau
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