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Wednesday, Feb 13, 2008
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 Money & Banking - Short Term Instruments
Call rates drop

Mumbai, Feb 12

The inter-bank call rates closed at 6.10-6.15 per cent against the previous close at 6.50-6.75 per cent. In the first one-day reverse repo auction under Liquidity Adjustment Facility (LAF), the Reserve Bank of India received and accepted seven bids for Rs 9,135 crore. There was no repo bid. The CBLO market saw 522 trades aggregating Rs 43,982.05 crore in the 6.02-8.75 per cent range. - Our Bureau

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Call rates drop

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