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Money & Banking - Short Term Instruments
Call rates between 7 and 7.1 pc

Our Bureau

Mumbai, Nov. 17

Call rates ruled between 7 per cent and 7.1 per cent against 7.1 and 7.2 per cent on Thursday. In the first three-day reverse-repo auction and repo auction under LAF, the RBI received and accepted one bid for Rs 100 crore.

In the second three-day reverse-repo auction, the apex bank accepted and received four bids for Rs 5,035 crore. The CBLO market saw 345 trades aggregating to Rs 19,613.40 crore in the 6.75-7.2 per cent range.

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