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Money & Banking - Short Term Instruments
Call rates tad higher

Mumbai, Oct. 29

Call rates closed a tad higher at 6.05-6.15 per cent (6-6.10 per cent). In the first one-day reverse repo auction under Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 18 bids for Rs 18,605 crore. There was no repo bid. The Collateralised Borrowing and Lending Obligation (CBLO) market saw 400 trades aggregating Rs 27,989 crore in the 5.98-20 per cent range. - Our Bureau

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