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Money & Banking - Short Term Instruments
Call rate marginally lower

Mumbai, July 8

The inter-bank call rate closed marginally lower at 3.20-3.25 per cent, as against the previous close of 3.25-3.30 per cent. Under the Liquidity Adjustment Facility conducted by the Reserve Bank of India, there were no bids in the one-day repo auction. In the reverse repo auction, there were 53 bids for Rs 1,47,375 crore. In the CBLO auction, there were 565 trades for Rs 53,111.65 crore in the range of 2.8-3.25 per cent. —

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