February 10, 2017 / 11:28 AM / 6 months ago

BRIEF-India cenbank sets 6.23 pct cut-off at 3-day variable rate reverse repo auction

Feb 10 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.23 percent at 3-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.22 percent at 3-day variable rate reverse repo auction

* India cenbank: allots 300.08 billion rupees at 3-day variable rate reverse repo auction ; gets bids worth 372.05 billion rupees

* India cenbank: makes partial allotment of 61.56 percent at cut-off rate at 3-day variable rate reverse repo auction Source text: bit.ly/2kzwClF

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