Call money ends at 6.00 pc

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Mumbai, Oct 11 (UNI) Adequate flow of funds supply continued to keep the inter-bank call money rates steady as it closed at 6.00 per cent today.

The overnight rates, were traversing between 6.00-6.10 per cent.

Money market dealers said liquidity conditions will continue to be soft. Banks borrowed over Rs 46,615 crores through RBI's repo auctions today.

According to the market players, the call rates will hover around more or less in the same levels in the coming week.

Dealers expect that the announcement of RBI CRR policy, by the end of October, will help the call money rates go up to higher levels.

UNI

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