The Hindu Business Line : Call rates close at 6.10-6.30%

The inter-bank call rates closed at 6.10-6.30 per cent (6.10-6.20 per cent). Market participants feel that the liquidity condition is comfortable at present. They are, howeve,r wary of the draining out of surplus cash following the revision of the ceiling on Market Stabilisation Scheme. In the first one-day reverse repo auction, the Reserve Bank of India received and accepted 17 bids worth Rs 38,135 crore. There was no repo bid in the first one-day auction. The Collaterali sed Borrowing and Lending Obiligation (CBLO) market saw 347 trades aggregating Rs 28,170.90 crore in the 5.95-6.20 per cent range.

— Our Bureau

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