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Tuesday, Sep 19, 2006
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 Money & Banking - Short Term Instruments
Call rates up a tad

Our Bureau

Mumbai, Sept 18

Call rates were between 6.25 per cent and 6.35 per cent against Friday's 6.10-6.20 per cent.

"The call rates increased on low liquidity in the system," said a dealer at a private bank.

In the first one-day reverse repo auction under LAF, Reserve Bank of India received and accepted six bids amounting to Rs 1,140 crore and in the second one-day reverse repo auction, seven bids for Rs 2, 485 crore.

The CBLO market saw 345 trades aggregating to Rs 19,970.60 crore in the 6.05-6.35 per cent range.

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