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Money & Banking - Short Term Instruments
Call rates lower

Mumbai, April 4

The inter bank call rate closed at 4.25-4.50 per cent, against the previous close at 5- 5.50 per cent. In the three-day reverse repo auction under the liquidity adjustment facility, the RBI received 34 bids for Rs 37,950 crore. There were no repo bids. In the CBLO market, there were 657 bids for Rs 48,791.40 crore in the rate range of 0.10 per cent-5.99 per cent. –

Our Bureau

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