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3 months ago
BRIEF-India cenbank sets 6.24 pct cut-off rate at 14-day variable rate reverse repo auction
May 17, 2017 / 7:38 AM / 3 months ago

BRIEF-India cenbank sets 6.24 pct cut-off rate at 14-day variable rate reverse repo auction

May 17 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 14-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 14-day variable rate reverse repo auction

* India cenbank: allots 186.75 billion rupees at 14-day variable rate reverse repo auction; gets bids worth 186.75 bln rupees Source text - (bit.ly/2qQnb5S)

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