The Hindu Business Line : Call rates edge higher

Call rates closed higher at 7.9-8.05 per cent against the previous close of 7.75-7.85 per cent. In the one-day repo auction, under Liquidity Adjustment Facility, the RBI received and accepted 14 bids for Rs 27,050 crore. There were no reverse repo bids, which indicate that liquidity was under pressure, said dealers. The CBLO market saw 4,665 trades aggregating Rs 38,951.15 crore in the 7.0-7.8 per cent range. - Our Bureau

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