The Hindu Business Line : Call rates dip on improved liquidity

Call rates ruled low between 6.65 per cent and 6.75 per cent against 6.9 per cent and 7 per cent on Monday, due to improved liquidity in the system. The liquidity was around Rs 12, 075 crore against Rs 9,745 crore on Monday.

In the first one-day reverse-repo auction under LAF, the RBI received and accepted one bid for Rs 25 crore. There were no repo bids. In the second one-day reverse-repo auction, the RBI accepted and received 15 bids for Rs 12,050 crore. The CBLO market saw 375 trades aggregating to Rs 18,392.10 crore in the 5.85-6.45 per cent range.

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