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BRIEF-RBI sets cut-off rate of 6.24 pct at overnight variable rate reverse repo auction
December 15, 2016 / 11:25 AM / 9 months ago

BRIEF-RBI sets cut-off rate of 6.24 pct at overnight variable rate reverse repo auction

Dec 15 (Reuters) - Reserve Bank of India:

* RBI: sets cut-off rate of 6.24 percent at overnight variable rate reverse repo auction

* RBI: weighted average rate at 6.23 percent at at overnight variable rate reverse repo auction

* RBI: allots 335.77 billion rupees at overnight variable rate reverse repo auction versus 400 billion rupees notified Source text - (bit.ly/2hoe6f6)

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