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Our Bureau

Mumbai, April 17

Call rates closed higher at 15-16 per cent on Tuesday against the previous close of 9.5-10.5 per cent. The Reserve Bank of India lent to banks Rs 20,330 crore through its repo window, while banks parked Rs 110 crore under the reverse repo with the Central bank.

In the first one-day repo auction, the RBI received and accepted thirty-six bids for Rs 15,870 crore. There was no reverse repo bid. In the second one-day reverse repo auction, the bank received and accepted two bids for Rs 110 crore. In the second one-day repo auction, the RBI received and accepted 15 bids for Rs 4,460 crore. The CBLO market saw 336 trades aggregating Rs 14,937.95 crore in the 7.65-10 per cent range.

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