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Money & Banking - Short Term Instruments
Call rates edge up

Mumbai, March 19

The inter bank call rate ended at 7.50-7.75 per cent against the previous close at 7-7.25 per cent. Advance tax outflows have caused pressure on the liquidity in the system. In the five-day repo auction under the liquidity adjustment facility, the RBI received and accepted 29 bids for Rs 43,925 crore. There were no reverse repo bids. In the CBLO market, there were 522 trades amounting to Rs 33,988.15 crore in the rate range of 6.25-10 per cent.- Our Bureau

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