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Call rates at 5.50-5.60 pc, bond prices close flat

Mumbai, May 22 (UNI) The call money rate closed flat in the range of 5.50 to 5.60 per cent as comfortable liquidity situation prevailed in the money market.

In the call money market operations on May 20, the Reserve Bank of India had borrowing and lendings worth Rs 561.37 crore each on the weighted average rate of 5.55 per cent.

In the reverse repo auctions, the central bank absorbed Rs 65,370 crore through the daily auctions.

In the first one day auction in the morning, the central bank absorbed Rs 34,650 crore through 31 bids received at the rate of 5.50 per cent.

In the second one day auction in the afternoon, the central bank absorbed Rs 30,720 crore through 40 bids received at the rate of 5.50 per cent.

The central bank did not inject any money in the market through repo auctions.

The bond prices closed flat. The 11-year 8.07 per cent 2017 bond price closed unchanged at Rs 102.70. The yield closed at 7.69 per cent.

UNI RRP MAZ VKG2015

NDA passing out parade on May 31

Pune, May 22 (UNI) Chief of the Naval Staff Admiral Arun Prakash will review the Passing Out Parade (POP) of cadets at the National Defence Academy (NDA) here on May 31. As many as 332 cadets will pass out after having successfully completed their training, NDA Commandant A K Chopra said here today. Earlier, on May 30, the passing out students will be conferred degrees of the Jawaharlal Nehru University (JNU) in a convocation.....

Anju disappoints, Pinky continues her winning spree

Bangalore, May 22 (UNI) Pinky Pramanik continued her dazzling run to win the first gold for India in 800 mts, while ace leaper Anju B George disappointed with a silver medal finish in the second leg of the Asian Grand Prix 2006 held at Sree Kanteerava Stadium here today. Running at a handy fourth position in the first lap, Pramanik gradually improved to come up with a fine run in the home stretch to win with.....

Orissa police nab noted criminal Rajan Sanyasi

Rourkela, May 22 (UNI) Dreaded inter-state criminal Rajan Sanyasi and his associate Mahendra Tanti were arrested by a special police team of Sundergarh at Bagichapada, about 40 kms from here, yesterday, police said today. Police said Rajan was arrested after an encounter in which he sustained bullet injuries on his leg and body. He was taken to the Sundargarh Hospital for treatment. However, another associate of Rajan escaped from the spot. The police have seized.....
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