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BRIEF-India cenbank sets cut-off rate of 6.24 pct at 7-day variable rate reverse repo auction
February 3, 2017 / 5:31 AM / 8 months ago

BRIEF-India cenbank sets cut-off rate of 6.24 pct at 7-day variable rate reverse repo auction

Feb 3 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 7-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 7-day variable rate reverse repo auction

* India cenbank: allots 271.00 billion rupees at 7-day variable rate reverse repo auction; gets bids worth 271.00 billion rupees Source text: (bit.ly/2jJIbD5)

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