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Money & Banking - Short Term Instruments


Call rate at 6.9-7 per cent

Our Bureau

Mumbai, March 23

The call rate closed on Thursday at 6.90-7 per cent (7.10 per cent). In the one-day reverse repo, under the liquidity adjustment facility, the RBI accepted one bid, amounting to Rs 100 crore and 24 bids for Rs 15,135 crore through the repo window. In the second auction, the RBI accepted three bids for Rs 1,240 crore through the reverse-repo and 15 bids for Rs 4,965 crore in the repo. The CBLO market saw 294 trades, aggregating Rs 18,631.2 crore in the rate range of 6.35-7 per cent.

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