The Hindu Business Line : Call rates steady

The inter-bank call rates closed at 6.10 – 6.20 per cent . “The liquidity levels are comfortable despite heavy outflows to meet bank’s higher reserve requirements,” said a dealer with a private bank. The Reserve Bank of India received and accepted 17 bids for Rs 36,425 crore. There was no repo bid in the first one-day auction. The CBLO market saw 387 trades aggregating Rs 28,838.85 crore in the 5.65-6.00 per cent range. –

Our Bureau

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