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Money & Banking - Short Term Instruments
Call rates at 7.7-7.9%

Our Bureau

Mumbai, Jan. 23

Call rates ruled at 7.70-7.9 per cent against Monday's close of 7.8-8 per cent. In the first one-day reverse repo auction under the liquidity adjustment facility , the RBI received and accepted one bid for Rs 35 crore and in the first one-day repo auction, the RBI received and accepted 15 bids for Rs 4,015 crore. In the second one-day reverse-repo auction, the RBI accepted and received three bids for Rs 170 crore and in the second one-day repo auction, the RBI received and accepted 15 bids for Rs 8,100 crore. The CBLO market saw 294 trades aggregating to Rs 17,575.65 crore in the 7.2 per cent-7.35 per cent range.

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