Business Daily from THE HINDU group of publications
Saturday, Aug 30, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Saturday, Aug 30, 2008 ePaper | Mobile/PDA Version | Audio |
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Money & Banking
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Short Term Instruments Call rates end lower at 6-6.25% Mumbai, Aug. 29 Call rates ended lower at 6-6.25 per cent, against the previous close of 6.25-6.50 per cent. In the three-day repo auction under the first liquidity adjustment facility (LAF), there were no bids. In the three-day reverse repo auction, the RBI received and accepted 2 bids worth Rs 60 crore. In the second LAF (SLAF), the RBI received and accepted 3 repo bids worth Rs 8,700 crore. In the threeday reverse repo auction, the RBI received and accepted 7 bids worth Rs 1,040 crore. In the CBLO market, there were 444 trades amounting to Rs 22,857.75 crore in the rate range of 2-8.98 per cent. - Our Bureau
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