The rates ended high on fresh demand from borrowing banks. It finished higher at 7.15 per cent from Friday's level of 7.10 per cent. It moved in a range of 7.35 per cent and 7.10 per cent.
The Reserve Bank of India under the Liquidity Adjustment Facility purchased securities worth Rs 92,360 crore in 25 bids at the one-day repo auction at a fixed rate of 7.25 per cent, while its sold securities worth Rs 25 crore in one bid at the one-day reverse repo auction at a fixed rate of 6.25 per cent.
The Reserve Bank of India under the Liquidity Adjustment Facility purchased securities worth Rs 92,360 crore in 25 bids at the one-day repo auction at a fixed rate of 7.25 per cent, while its sold securities worth Rs 25 crore in one bid at the one-day reverse repo auction at a fixed rate of 6.25 per cent.