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BRIEF-India cenbank sets 6.27 pct cut-off rate at 14-day variable rate repo auction
December 13, 2016 / 7:12 AM / 10 months ago

BRIEF-India cenbank sets 6.27 pct cut-off rate at 14-day variable rate repo auction

Dec 13 (Reuters) - Reserve Bank of India:

* allots 25 billion rupees at 14-day variable rate repo auction versus 210 billion rupees notified

* weighted average rate at 6.28 percent at 14-day variable rate repo auction

* sets cut-off rate of 6.27 percent at 14-day variable rate repo auction Source text (bit.ly/2hh9E1F) (Bengaluru newsroom)

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