The Hindu Business Line : Call rates close lower

Call rates closed lower at 6.00-6.25 per cent, against the previous close of 8.80-8.90 per cent. There was a slight easing of liquidity as most banks had already covered their positions ahead of reporting Friday. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 2 bids worth Rs 3,060 crore. In the one-day reverse repo auction, there were 2 bids worth Rs 75 crore. In the CBLO market, there were 595 trades amounting to Rs 36,178.15 crore in the rate range of 2.50-8.65 per cent. - Our Bureau

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