March 22, 2017 / 11:32 AM / 4 months ago

BRIEF-India cenbank sets 6.09 pct cut-off at overnight variable rate reverse repo auction

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March 22 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.09 percent at overnight variable rate reverse repo auction

* India cenbank: weighted average rate at 6.06 percent at overnight variable rate reverse repo auction

* India cenbank: allots 600.07 billion rupees at overnight variable rate reverse repo auction ; gets bids worth 794.68 billion rupees

* India cenbank: makes partial allotment of 24.26 percent at cut-off rate at overnight variable rate reverse repo auction Source text - (bit.ly/2o46xKv)

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