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 Money & Banking - Short Term Instruments
Call rates end higher

Mumbai, Aug. 22

The inter-bank call rates closed higher at 9.7-9.8 per cent against the previous close of 9.00-9.25 per cent, as the liquidity was tighter. The Reserve Bank of India received and accepted 27 bids for Rs 32,765 crore in the three-day reverse repo auction. There were no repo bids. In the CBLO market, there were 453 trades amounting to Rs 24,459.45 crore in the rate range of 8.5-9.75 per cent.

— Our Bureau

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