January 3, 2017 / 12:01 PM / 7 months ago

BRIEF-India cenbank sets 6.24 pct cut-off rate at 9 day variable rate reverse repo auction

1 Min Read

Jan 3 (Reuters) - Reserve Bank of India:

* sets cut-off rate of 6.24 percent at 9 day variable rate reverse repo auction

* weighted average rate at 6.24 percent at 9 day variable rate reverse repo auction

* allots 86.97 billion rupees at 9 day variable rate reverse repo auction ; gets bids worth 86.97 billion rupees Source text: (bit.ly/2iKDQQN) (Bengaluru newsroom)

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