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BRIEF-India cenbank sets 6.24 pct cut-off at overnight variable rate reverse repo auction
February 6, 2017 / 11:42 AM / in 6 months

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

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Feb 6 (Reuters) - Reserve Bank of India:

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

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

* India cenbank: allots 204.75 billion rupees at overnight variable rate reverse repo auction; gets bids worth 204.75 billion rupees Source text: bit.ly/2kylxQs Furth

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