UPDATE 1-India o/n rates steady; rev repo amount down

MUMBAI, Oct 30 (Reuters) - Indian inter-bank call money rates were unmoved on Friday on surplus cash with banks, and traders said, banks parked lesser amount at the RBI reverse repo auction because credit offtake has started picking up.

The three-day money ended at 3.25/30 percent, unchanged from Thursday's close.

"Credit is definitely picking up," said Imran Abrar, dealer at Bank of Rajasthan.

At its policy review on Tuesday, the RBI cut its full-year forecast for non-food credit growth to 18.0 percent from 20 percent and said bank credit growth continues to be sluggish.

K.C. Chakrabarty, a central bank deputy governor said on Wednesday that lending by Indian banks would pick up. [ID:nBMA006269]

Banks parked 845.70 billion rupees with the central bank on Friday compared with 963.30 billion rupees on Thursday and 1.09 trillion rupees on Wednesday.

The weighted average rate in the call money market was 3.28 percent, while in collateralised borrowing and lending obligation (CBLO), it was 2.69 percent, according to the Clearing Corp of India (CCIL).

Volume in the call money market was 81.60 billion rupees and in CBLO it was 676.47 billion rupees, CCIL data showed. (Reporting by Boby Michael)