Business Daily from THE HINDU group of publications Friday, Dec 05, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Money & Banking
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Short Term Instruments Call rates unchanged Mumbai, Dec 4 Call rates closed at 6.10-6.20 per cent, the same as on Wednesday's close. In the one-day repo auction under the first and second liquidity adjustment facility (LAF), the Reserve bank of India received no bids. In the reverse repo auction, the RBI received and accepted 19 bids for Rs 27,655 crore. In the one day reverse repo auction under second LAF, there were 23 bids for Rs 24,405 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there was one bid for Rs 1,000 crore. In the CBLO market, there were 497 trades amounting to Rs 37,577.45 crore in the rate range of 5.08-6.10 per cent. - Our Bureau
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