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7 months ago
BRIEF-India cenbank sets cut-off rate of 6.24 pct at overnight variable rate reverse repo auction
December 28, 2016 / 11:28 AM / 7 months ago

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

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Dec 28 (Reuters) - Reserve Bank of India:

* India cenbank: weighted average rate at 6.23 percent at overnight variable rate reverse repo auction

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

* India cenbank: allots 248.51 billion rupees at overnight variable rate reverse repo auction; gets bids worth 248.51 billion rupees Source text: bit.ly/2hsBMi1

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