April 12, 2017 / 5:19 AM / 4 months ago

BRIEF-India cenbank sets 6.24 pct cut-off at 27-day variable rate reverse repo auction

April 12 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 27 day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 27 day variable rate reverse repo auction

* India cenbank: allots 86.00 billion rupees at 27 day variable rate reverse repo auction; gets bids worth 86.00 billion rupees Source text: bit.ly/2oWqfwg

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