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8 months ago
BRIEF-India cenbank sets cut-off rate of 6.24 pct at overnight variable rate reverse repo auction
January 3, 2017 / 6:23 AM / 8 months ago

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

Jan 3 (Reuters) - Reserve Bank of India:

* RBI: allots 366.30 billion rupees at overnight variable rate reverse repo auction versus 500 billion rupees notified

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

* RBI: weighted average rate at 6.22 percent at overnight variable rate reverse repo auction Source text: (bit.ly/2ixFBBn)

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