The Hindu Business Line : Call rates lower

Call rates closed lower at 9-9.5 per cent, against the previous close of 10-10.25 per cent. In the three-day repo auction under the first liquidity adjustment facility (LAF), the RBI received and accepted 28 bids worth Rs 43,505 crore. There were no reverse repo bids. In the three-day repo auction under the second LAF, the RBI received and accepted 27 bids for Rs 13,095 crore. In the three-day reverse repo auction under the second LAF, there were 2 bids for Rs 120 crore. I n the CBLO market, there were 436 trades amounting to Rs 20,234.40 crore in the rate range of 5-9.30 per cent. –

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Call rates lower