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Money & Banking - Short Term Instruments
Call rates lower

Mumbai, July 25

The inter-bank call rate closed lower at 8.75-9 per cent, against the previous close of 9.40-9.50 per cent. In the three-day repo auction under the liquidity adjustment facility, the RBI received and accepted 40 bids worth Rs. 43,260 crore. There were no reverse repo bids. In the CBLO market, there were 348 trades amounting to Rs. 21,707.45 crore in the rate range of 8.45-9 per cent.

— Our Bureau

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