Business Standard

Beneath The Lather

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Ravi Ananthanarayanan BSCAL

- UTI Bank

Overnight call rates would remain in a narrow slot between 7.9-8.1 per cent for the whole of this week as liquidity continues to be ample. However, it will not come down much below 8 per cent as a lot of refinance money is still in the banking system. Security prices would remain steady although any movement would now be across the board.

- HDFC Bank

The bullish trend in the government securities market islikely to continue but this run could be dampened by an open market sale that could be announced by

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First Published: Sep 22 1999 | 12:00 AM IST

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