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Money & Banking - Short Term Instruments
Call rates close at 6.30-6.40%

Mumbai, April 17

The inter-bank call rate closed at 6.30-6.40 per cent against the previous close at 6.20-6.25 per cent. In the four-day reverse repo auction under the liquidity adjustment facility, the RBI received and accepted 10 bids for Rs 7,045 crore. There were no repo bids. In the CBLO market, there were 598 trades amounting to Rs 50,091.30 crore in the rate range of 5-6.40 per cent. - Our Bureau

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