The Hindu Business Line : Call rate closes at 6-6.25%

The inter-bank call rate closed lower at 6-6.25 per cent, against the previous close of 7.7-7.85, though it touched a high of 8 per cent during the day. In the four-day reverse repo auction under the liquidity adjustment facility, the RBI received and accepted four bids for Rs 1,065 crore and 12 bids for Rs 20,705 crore in the four-day repo auction. In the CBLO market, there were 541 bids for Rs 32,280.25 crore in the rate range of 6.40-7.69 per cent.

— Our Bureau

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