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BRIEF-India cenbank sets 6.24 pct cut-off rate at 4-day variable rate reverse repo auction
December 15, 2016 / 7:24 AM / 9 months ago

BRIEF-India cenbank sets 6.24 pct cut-off rate at 4-day variable rate reverse repo auction

Dec 15 (Reuters) - Reserve Bank of India:

* sets cut-off rate of 6.24 percent at 4-day variable rate reverse repo auction

* allots 4.83 billion rupees at 4-day variable rate reverse repo auction; gets bids worth 4.83 billion rupees

* weighted average rate at 6.24 percent at 4-day variable rate reverse repo auction Source text (bit.ly/2hnTCTC) (Bengaluru newsroom)

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