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Money & Banking - Short Term Instruments
Call rates steady

Mumbai, Aug. 22

The inter-bank call rates closed at 6.10-6.25 per cent on Wednesday, against the previous close of 6.10-6.20 per cent. In the first reverse repo auction under LAF, the Reserve Bank of India received and accepted nine bids for Rs 13,885 crore.

There were no repo bids. The CBLO market saw 408 trades aggregating Rs 33,072.85 crore in the 5.81-6.20 per cent range. –

Our Bureau

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