Money & Banking

Call rates close flat

Our Bureau Mumbai | Updated on February 24, 2011

The inter-bank call rate closed unchanged at 6.75-6.8 per cent. In the first one-day auction under the liquidity adjustment facility the Reserve Bank of India received and accepted 26 repo bids for Rs 37,185 crore and one reverse repo bid for Rs 600 crore.

In the second auction, the RBI received and accepted 25 repo bids for Rs 34,055 crore and two reverse repo bids for Rs 555 crore. In the CBLO auction there were 502 trades amounting to Rs 49,488 crore in the rate range of 6.45-6.78 per cent.

Published on February 24, 2011

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like