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6 months ago
BRIEF-India cenbank sets 6.24 pct cut-off rate at 2-day variable rate reverse repo auction
February 20, 2017 / 11:21 AM / 6 months ago

BRIEF-India cenbank sets 6.24 pct cut-off rate at 2-day variable rate reverse repo auction

Feb 20 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 2 day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.21 percent at 2 day variable rate reverse repo auction

* India cenbank: allots 394.14 billion rupees at 2 day variable rate reverse repo auction ; gets bids worth 394.14 billion rupees Source text - (bit.ly/2kQcqJ7)

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