March 23, 2017 / 11:24 AM / 4 months ago

BRIEF-India cenbank sets 6.04 pct cut-off at overnight variable rate reverse repo auction

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March 23 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.04 percent at overnight variable rate reverse repo auction

* India cenbank: weighted average rate at 6.00 percent at overnight variable rate reverse repo auction

* India cenbank: allots 500.07 billion rupees at overnight variable rate reverse repo auction ; gets bids worth 772.17 billion rupees

* India cenbank: makes partial allotment of 41.73 percent at cut-off rate at overnight variable rate reverse repo auction Source text: bit.ly/2o8ddHn

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