Call money ends steady at 6.10 pc

Mumbai, Jan 10 (UNI) Inter-bank call money rates today rallied around the same level, compared to its previous close, and ended at 6-6.10 per cent.

During the day, it touched a high of a high of 6.20 per cent.

According to market watchers, call rates were hovering in the same levels aided by improved liquidity in the system, which resulted due to inflow of capital in the call money market.

Dealers at the call money market said the call rates are expected to trade around the same levels as the liquidity in the system has improved in a big way.

However, to absorb excess liquidity in the system, Reserve Bank of India, through one day reverse repo, accepted 11 bids worth Rs 11,660 crore.

UNI AD OBB VKG1810