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Mumbai, Jan. 29

The inter-bank call rate closed at 7.7-7.9 per cent (7.8-8 per cent). In the first two-day reverse-repo auction under LAF, the RBI received and accepted one bid for Rs 35 crore and in the repo auction, it received and accepted 11 bids for Rs 2,895 crore. In the second two-day reverse-repo auction, the RBI accepted and received five bids for Rs 730 crore and in the repo auction, it received and accepted 8 bids for Rs 2,280 crore. The CBLO market saw 338 trades aggregating Rs 19,907.25 crore in the 7-7.27 per cent range.

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