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Tuesday, Apr 08, 2008
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 Money & Banking - Short Term Instruments
Call rates close higher

Mumbai, April 7

The inter bank call rate closed at 4.75-5 per cent, against the previous close of 4-4.5 per cent. In the one-day reverse repo auction under the liquidity adjustment facility, the RBI received and accepted 42 bids for Rs 63,155 crore. There were no repo bids. In the CBLO market, there were 643 bids for Rs 48,878.55 crore in the rate range of 0.02 per cent-5.70 per cent. - Our Bureau

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