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Money & Banking - Short Term Instruments
Call rates at 6.40-6.50 pc

Our Bureau

Mumbai, Oct. 4

Call rates were between 6.40 and 6.50 per cent against 6.50-6.60 per cent. In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted six bids amounting to Rs 8,295 crore and in the second one-day reverse repo auction, 14 bids for Rs 16,145 crore. The CBLO market saw 303 trades aggregating to Rs 16,021.70 crore in the 5.95-6.20 per cent range.

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