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6 months ago
BRIEF-India cenbank sets 6.24 pct cut-off rate at 13 day variable rate reverse repo auction
February 10, 2017 / 5:31 AM / 6 months ago

BRIEF-India cenbank sets 6.24 pct cut-off rate at 13 day variable rate reverse repo auction

Feb 10 (Reuters) - Reserve Bank of India:

* sets cut-off rate of 6.24 percent at 13 day variable rate reverse repo auction

* weighted average rate of 6.24 percent at13 day variable rate reverse repo auction

* allots 36 billion rupees at 13 day variable rate reverse repo auction ; gets bids worth 36 billion rupees Source text:(bit.ly/2k9EKee) (Bengaluru newsroom)

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