Liquidity Glut To Keep Downward Pressure On Call

Call rates are expected to rule soft in the 6.00-6.25 per cent band this week on the back of ample liquidity in the banking system.

The sale by five state governments of 10 year stock via public auction for an aggregate amount of Rs 1,065 crore on June 27, a day before the reporting Friday, will not have any impact on the call money market.