April 18, 2017 / 7:33 AM / 3 months ago

BRIEF-India cenbank sets 6.23 pct cut-off at 7-day variable rate reverse repo auction

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April 18 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.23 percent at 7-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.22 percent at 7-day variable rate reverse repo auction

* India cenbank: allots 100.02 billion rupees at 7-day variable rate reverse repo auction; gets bids worth 188.55 billion rupees

* India cenbank: makes partial allotment of 95.75 percent at cut-off rate at 7-day variable rate reverse repo auction Source text - (bit.ly/2oHhgw0)

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