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Saturday, Dec 06, 2008
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Money & Banking - Short Term Instruments
Call rates steady

Call rates closed at 6.10-6.15 per cent, against the previous close of 6.10-6.20 per cent. In the three-day repo auctions under the first and second liquidity adjustment facility (LAF), there were no bids. In the first reverse repo auction, the RBI received and accepted 9 bids for Rs 13,120 crore. In the three day reverse repo auction under second LAF, the RBI received and accepted 42 bids for Rs 31,975 crore.

In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were 2 bids for Rs 835 crore. In the CBLO market, there were 474 trades amounting to Rs 27,454.70 crore in the rate range of 0.25-6 per cent.- Our Bureau

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Leeladhar to step down as RBI Deputy Governor




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