December 27, 2016 / 6:01 AM / 8 months ago

BRIEF-India cenbank sets 6.24 pct cut-off rate at 6-day variable rate reverse repo auction

Dec 27 (Reuters) - Reserve Bank of India:

* sets cut-off rate of 6.24 percent at 6-day variable rate reverse repo auction

* allots 30.15 billion rupees at 6-day variable rate reverse repo auction versus 500 billion rupees notified

* weighted average rate at 6.24 percent at 6-day variable rate reverse repo auction Source text: (bit.ly/2hiEEKU) (Bengaluru newsroom)

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