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BRIEF-India cenbank sets cut-off rate of 6.29 pct at 14-day variable rate repo auction
October 7, 2016 / 7:06 AM / a year ago

BRIEF-India cenbank sets cut-off rate of 6.29 pct at 14-day variable rate repo auction

Oct 7 (Reuters) - Reserve Bank of India:

* Allots 18.75 billion rupees at 14-day variable rate repo auction versus 190 billion rupees notified

* Weighted average rate at 6.29 pct at 14 -day variable rate repo auction

* Sets cut-off rate of 6.29 percent at 14-day variable rate repo auction Source text: bit.ly/2dQXdK0

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