The Hindu Business Line : Call rates down

Call rates closed at 5.45-5.65 per cent (5.50-5.60) on Thursday. In the first one-day reverse repo auction, the RBI received 22 bids for Rs 15,900 crore, but accepted only 22 bids for Rs 1,994 crore (against the limit of Rs 2,000 crore). In the second one-day reverse repo auction, it received 16 bids for Rs 11,640 crore, but accepted only 16 bids for Rs 1,005 crore (limit Rs 1,000 crore). There were no repo bids. The CBLO market saw 361 trades aggregating to Rs 23,607.20 crore in the 4.50-5.18 per cent range.

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