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Money & Banking - Short Term Instruments


Call rates ease

Our Bureau

Mumbai , Feb. 24

Call rates were eased at 6.75 per cent (6.8-6.9 per cent) on Friday.

In the first three-day auction, the Reserve Bank of India did not receive any bids in the repo auction, but received and accepted 14 bids for Rs 7,585 crore in reverse repo. In the second auction, it received and accepted two bids for Rs 60 crore and 21 bids for Rs 5,190 crore.

In the CBLO market, there were 317 trades for Rs 22,204.2 crore in the rate range of 6.3-7 per cent.

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