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BRIEF-India cenbank sets 6.24 pct cut-off rate at 28-day variable rate reverse repo auction
February 23, 2017 / 7:31 AM / 7 months ago

BRIEF-India cenbank sets 6.24 pct cut-off rate at 28-day variable rate reverse repo auction

Feb 23 (Reuters) - Reserve Bank of India:

* sets cut-off rate of 6.24 percent at 28-day variable rate reverse repo auction

* weighted average rate at 6.24 percent at 28-day variable rate reverse repo auction

* allots 22.50 billion rupees at 28-day variable rate reverse repo auction ; gets bids worth 22.50 billion rupees Source text:(bit.ly/2lbmo97) (Bengaluru newsroom)

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