February 27, 2017 / 5:26 AM / 5 months ago

BRIEF-India cenbank sets cut-off rate of 6.24 pct at 15-day variable rate reverse repo auction

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Feb 27 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 15 day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 15 day variable rate reverse repo auction

* India cenbank: allots 129.75 billion rupees at 15 day variable rate reverse repo auction; gets bids worth 129.75 billion rupees Source text: (bit.ly/2lVUxwN)

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