Call Rates Continue To Be Steady - Oct 4, 2008

Call rates closed at 13.5-14 per cent, the same as the previous day''s end. The banks borrowed more than Rs 90,000 crore from the RBI via the repo auction under the liquidity adjustment facility. In the three-day repo auction under the first liquidity adjustment facility (LAF), the RBI got and accepted 49 bids worth Rs 65,095 crore. There were no reverse repo bids. In the three-day repo auction under the second LAF, the RBI got and accepted 33 bids for Rs 25,630 crore.