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11 days ago
BRIEF-India cenbank sets 6.24 pct cut-off rate at 7-day variable rate reverse repo auction
July 14, 2017 / 10:20 AM / 11 days ago

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

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July 14 (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 6.22 percent at 7-day variable rate reverse repo auction

* India cenbank: allots 155.50 billion rupees at 7-day variable rate reverse repo auction; gets bids worth 155.50 billion rupees Source text: (bit.ly/2taahB2)

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