Money & Banking

Call rates marginally down

Our Bureau Mumbai | Updated on March 03, 2011

The inter-bank call rate closed at 6.8-6.85 per cent, marginally lower from the previous close of 6.85-6.9 per cent. In the first one-day auction, under the liquidity adjustment facility, the Reserve Bank of India received and accepted 31 repo bids for Rs 41,250 crore.

There were no reverse repo bids. In the second auction, the RBI received and accepted 11 repo bids for Rs 18,055 crore and two reverse repo bid for Rs 1,465 crore. In the CBLO auction, there were 646 trades amounting to Rs 57,546.25 crore in the rate range of 6-6.5 per cent.

Published on March 03, 2011

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