July 7, 2017 / 7:19 AM / 22 days ago

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

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July 7 (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 337.00 billion rupees at 14-day variable rate reverse repo auction ; gets bids worth 337.00 billion rupees Source text - (bit.ly/2tx4WRo)

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