Business Daily from THE HINDU group of publications
Thursday, Jan 03, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Thursday, Jan 03, 2008 ePaper | Mobile/PDA Version |
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Money & Banking
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Short Term Instruments Call rates close lower Mumbai, Jan. 2 The inter-bank call rates closed lower at 2.50-3 per cent, against the previous close of 6.85-7 per cent, backed by surplus cash in the system. In the first one-day reverse repo auction under Liquidity Adjustment Facility, the RBI received and accepted nine bids for Rs 7,185 crore. In the first one-day repo auction, the central bank received and accepted one bid for Rs 100 crore. The CBLO market saw 504 trades aggregating Rs 43,098.50 crore in the 0.25 - 6.50 per cent range. - Our Bureau More Stories on : Short Term Instruments
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