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Money & Banking - Short Term Instruments
Call rates end lower

Mumbai, Feb. 28

The inter-bank call rates closed lower at 7-7.25 per cent on Thursday, against the previous close of 7.75-8 per cent. In the first one-day reverse repo auction, the Reserve Bank of India received and accepted two bids for Rs 140 crore. In the first one-day repo auction, RBI received and accepted four bids for Rs 4,070 crore. The CBLO market saw 621 trades aggregating Rs 51,548.05 crore in the 4.54-7.74 per cent range.

— Our Bureau

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