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Money & Banking - Short Term Instruments
Call rates end lower

Mumbai, Oct. 12

The inter-bank call rates closed lower at 4.5-5 per cent on Friday, against the previous close of 6-6.1 per cent. The call rates were lower as it was the reporting Friday for banks. “The liquidity is comfortable and will continue to remain at these levels next week too,” said a dealer with a private bank. In the first one-day reverse repo auction under the Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 35 bids for Rs 36,545 crore . There was no repo bid. The CBLO market saw 424 trades aggregating Rs 27,979.3 crore in the 0.25-5.9 per cent range. —

Our Bureau

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