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Money & Banking - Short Term Instruments
Call rates end higher

Mumbai, Aug. 1

The inter-bank call rate ended higher at 6.25-6.5 per cent, against the previous close of 6.00-6.25 per cent. In the three-day repo auction under the first liquidity adjustment facility (LAF), the RBI received and accepted 1 bid worth Rs 8,000 crore. In the three-day reverse repo auction, the RBI received and accepted 3 bids worth Rs 1,695 crore.

In the second LAF (SLAF), the RBI received and accepted 2 bids worth Rs 5,000 crore. In the three-day reverse repo auction, the RBI received and accepted 14 bids worth Rs 3,105 crore. In the CBLO market, there were 527 trades amounting to Rs 29,724.30 crore in the rate range of 0.50-9 per cent. - Our Bureau

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‘Banks to see moderate credit growth’
Call rates end higher
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Banks asked to tap more low-cost funds



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