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BRIEF-India cenbank sets 6.24 pct cut-off at overnight variable rate reverse repo auction
March 14, 2017 / 4:56 AM / in 7 months

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

March 14 (Reuters) - Reserve Bank of India:

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

* India cenbank: weighted average rate at 6.24 percent at overnight variable rate reverse repo auction

* India cenbank: allots 800.14 billion rupees at overnight variable rate reverse repo auction; gets bids worth 965.50 billion rupees

* India cenbank: makes partial allotment of 77.52 percent at cut-off rate at overnight variable rate reverse repo auction Source text: bit.ly/2n3mHGZ

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