Call rate remains static
The inter-bank call rate remained static at 3.25-3.3%. However, under the Liquidity Adjustment Facility (LAF) conducted by the Reserve Bank of India, there were no bids in the one-day repo auction whereas in the reverse repo auction, there were 51 bids for Rs 1,22,775 crore. N the other hand, in the 15-special repo auction for NBFCs and mutual funds, there were no bids while in the CBLO auction, there were 726 trades for Rs 89,638.6 crore in the range of 1.4-3%.
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