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Money & Banking - Short Term Instruments
Call rates rule at 6.85-6.9 pc

Our Bureau

Mumbai, Nov. 13

Call ruled between 6.85 per cent and 6.95 per cent against 6.9-7.1 per cent on Friday. In the first one-day reverse-repo auction under LAF, the RBI received and accepted two bids amounting to Rs 270 crore. There were no repo bids. In the second one-day reverse-repo auction, it accepted and received five bids for Rs 2,545 crore. The CBLO market saw 387 trades aggregating Rs 20,974.55 crore in the 6.15-7.15 per cent range.

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