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Money & Banking - Short Term Instruments


Call rates unchanged

Our Bureau

Mumbai, June 16

Call rates remained the same between 5.75 and 5.85 per cent. In the first three-day reverse repo auction under LAF, the Reserve Bank of India received and accepted 24 bids amounting to Rs 23,070 crore and in the second three-day reverse repo auction, 34 bids for Rs 17,495 crore. There were no repo bids. The CBLO market saw 279 trades aggregating Rs 14086.45 crore in the 5-5.9 per cent range.

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