LAF attracts only Rs 4,800 cr

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Mumbai, Oct 22 (UNI) The RBI today accepted bids from five bankers for the eight per cent one day repo for a total amount of Rs 4,800 crore, under the two Liquidity Adjustment Facilities (LAFs).

The Special LAF for Mutual Funds, however, had no takers.

Under the reverse repo, RBI sold in two LAFs securities worth Rs 41,095 crore to 36 banks.


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