The Hindu Business Line : Call rates tad lower

Call rates closed at 6.25-6.50 per cent, as against the previous close of 6.50-6.60 per cent per cent. In the three-day repo auction under the first liquidity adjustment facility (LAF), there were 7 bids for Rs 6,500 crore. In the three-day reverse repo auction, the RBI received and accepted 5 bids for Rs 820 crore. In the three-day repo auction under the second LAF, there were 12 bids for Rs 7,890 crore. In the three-day reverse repo auction under second LAF, the RBI received and accepted 22 bids for Rs 24,130 crore.

In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there was one bid for Rs 785 crore. In the CBLO market, there were 468 trades amounting to Rs 28,789.15 crore in the rate range of 1.00- 5.49 per cent. - Our Bureau

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