The Hindu Business Line : Call rates end higher

The inter-bank call rate closed at 7.35-7.45 per cent against the previous close of 7.25-7.4 per cent. Call rates have inched up in the past few days as liquidity has been under pressure.

In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted one bid for Rs 13,000 crore. The central bank also received and accepted three bids for Rs 225 crore in the reverse-repo auction. In the CBLO market, there were 549 trades amounting to 46,349.75 in the rate range of 6.94-7.25 per cent. - Our Bureau

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