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4 months ago
BRIEF-India cenbank sets 6.24 pct cut-off at 7-day variable rate reverse repo auction
April 11, 2017 / 7:26 AM / 4 months ago

BRIEF-India cenbank sets 6.24 pct cut-off at 7-day variable rate reverse repo auction

April 11 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 7-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.23 percent at 7-day variable rate reverse repo auction

* India cenbank: allots 79.77 billion rupees at 7-day variable rate reverse repo auction; gets bids worth 79.77 billion rupees Source text: bit.ly/2om6EnC

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