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7 months ago
BRIEF-India cenbank sets 6.24 pct cut-off rate at overnight variable rate reverse repo auction
December 22, 2016 / 5:59 AM / 7 months ago

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

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Dec 22 (Reuters) - Reserve Bank of India:

* weighted average rate at 6.24 percent at overnight variable rate reverse repo auction

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

* allots 200.38 billion rupees at overnight variable rate reverse repo auction; gets bids worth 200.38 billion rupees Source text (bit.ly/2hJJS6b) (Bengaluru newsroom)

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