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Money & Banking - Short Term Instruments
Call rates tad lower

Mumbai, March 3

Call rates closed at 7.10-7.20 per cent, against the previous close at 7.25-7.50 per cent. In the first one-day reverse repo auction under Liquidity Adjustment Facility, the Reserve Bank of India received and accepted one bid for Rs 2,500 crore. There was no repo bid. The CBLO market saw 607 trades aggregating Rs 59,429.45 crore in the 6.41-7.40 per cent range. –

Our Bureau

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