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Thursday, Sep 11, 2008
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 Money & Banking - Short Term Instruments
Call rates move up marginally

Mumbai, Sept. 10

Inter-bank call rates closed marginally higher at 8.7-8.8 per cent against the previous close of 8.50-8.75 per cent. In the one-day reverse repo auction, the Reserve Bank of India received and accepted 12 bids for Rs 12,985 crore. There were no reverse repo auctions. In the CBLO market, there were 502 trades amounting to Rs 34,397.5 core in the rate range of 7-9.15 per cent.

— Our Bureau

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