February 8, 2017 / 5:28 AM / 6 months ago

BRIEF-India cenbank sets 6.24 pct cut-off rate at 14-day variable rate reverse repo auction

Feb 8 (Reuters) - Reserve Bank of India:

* sets cut-off rate of 6.24 percent at 14-day variable rate reverse repo auction

* weighted average rate at 6.23 percent at 14-day variable rate reverse repo auction

* allots 300.08 billion rupees at 14-day variable rate reverse repo auction ; gets bids worth 379.55 billion rupees

* makes partial allotment of 34.93 percent at cut-off rate at 14-day variable rate reverse repo auction Source text:(bit.ly/2k0MKJz) (Bengaluru newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below