Mumbai, Nov. 21

The inter-bank call rates closed lower at 5.75-6 per cent against the previous close of 7.75-7.85 per cent. In the first one-day repo auction under Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 35 bids for Rs 32,735 crore. There were no reverse repo bids. The CBLO market saw 672 trades aggregating Rs 41,608.75 crore in the 3.65-7.9 per cent range. —

Our Bureau

(This article was published in the Business Line print edition dated November 22, 2007)
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