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Tuesday, Dec 04, 2007
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 Money & Banking - Short Term Instruments
Call rates tad lower

Mumbai, Dec. 3

The inter-bank call rates closed at 7.65-7.75 per cent on Monday, against the previous close of 7.70-7.80 per cent. In the first one-day repo auction, under Liquidity Adjustment Facility, the Reserve Bank of India received and accepted one bid for Rs 10 crore. There was no reverse repo bid. The CBLO market saw 520 trades aggregating Rs 39,968.70 crore in the 7.26-7.80 per cent range. - Our Bureau

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