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Money & Banking - Short Term Instruments
Call rate closes lower

Mumbai, Nov. 19

Inter-bank call rate closed lower at 6.40-6.50 per cent, as against the previous close of 6.50-6.75 per cent. In the one-day repo auction under the first LAF, the RBI received and accepted 1 bid for Rs 2,000 crore. In the one-day reverse repo auction under the first LAF, the RBI received and accepted 5 bids for Rs 7,125 crore. In the one-day repo auction under the second LAF, the RBI received and accepted 2 bids for Rs 1,950 crore. In the one-day reverse repo auction under the first LAF, the RBI received and accepted 11 bids for Rs 17,310 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were 2 bids for Rs 1,950 crore. In the CBLO market, there were 475 trades amounting to Rs 30,412.85 crore in the rate range of 5.50-6.10 per cent.

— Our Bureau

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