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4 months ago
BRIEF-India cenbank sets 6.21 pct cut-off at overnight variable rate reverse repo auction
March 30, 2017 / 5:06 AM / 4 months ago

BRIEF-India cenbank sets 6.21 pct cut-off at overnight variable rate reverse repo auction

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March 30 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.21 percent at overnight variable rate reverse repo auction

* India cenbank: weighted average rate at 6.14 percent at overnight variable rate reverse repo auction

* India cenbank: allots 800.03 billion rupees at overnight variable rate reverse repo auction ; gets bids worth 1026.62 billion rupees

* India cenbank: makes partial allotment of 72.82 percent at cut-off rate at overnight variable rate reverse repo auction Source text - (bit.ly/2odbFA9)

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