Call rates steady at 5.85%

The call rates on Monday ended steady at 5.85% at the overnight call money market.

By TNN | Jul 18, 2006, 01.19 AM IST

The call rates on Monday ended steady at 5.85% at the overnight call money market.

The Reserve Bank of India (RBI) mopped up Rs 13,920 crore from 14 bids at the one-day reverse repo auction in the morning at 5.75% under liquidity adjustment facility (LAF).

The central bank also absorbed 37 bids amounting to Rs 28,240 crore in the evening under the second LAF.

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