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Money & Banking - Short Term Instruments
Call rate ends lower

Mumbai, July 24

The inter-bank call rate closed lower at 9.40-9.50 per cent, against the previous close of 9.60-9.70 per cent. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 37 bids for Rs 40, 710 crore. There were no reverse repo bids. In the CBLO market, there were 388 trades worth Rs 19,728.80 crore in the rate range of 8.05-9.25 per cent.

— Our Bureau

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