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Money & Banking - Short Term Instruments
Call rates end higher

Mumbai, July 30

Call rates closed higher at 8.80-8.90 per cent, against the previous close of 8.70-8.80 per cent. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 11 bids worth Rs 11,555 crore. There were no reverse repo bids. In the CBLO market, there were 539 trades amounting to Rs 33,773.35 crore in the rate range of 4.70-8.99 per cent. –

Our Bureau

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Kerala plans more forex counters
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Fee income beefs up banks’ Q1 bottomline
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Automakers draw up strategies to beat high interest regime
Bond prices up
A fight against rising inflation
Call rates end higher
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