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Wednesday, Sep 05, 2007
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 Money & Banking - Short Term Instruments
Call rates steady

Mumbai, Sept. 4

The inter-bank call rates closed at 6-6.10 per cent against the previous close of 6-6.15 per cent. In the first reverse repo auction under LAF, the Reserve Bank of India received 21 bids for Rs 37,000 crore. There was no repo bid. The CBLO market saw 398 trades aggregating Rs 33,603.55 crore in the 5.80-6.25 per cent range. - Our Bureau

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