October 10, 2016 / 8:01 AM / 9 months ago

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

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Oct 10 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 pct at 7-day variable rate reverse repo auction * India cenbank: weighted average rate at 6.23 pct at 7-day variable rate reverse repo auction * India cenbank: allots 111.06 bln rupees at 7-day variable rate reverse repo auction; gets bids worth 111.06 bln rupees

Source text: (bit.ly/2d22JZf) (Reporting By Darshana Sankararaman in Bengaluru)

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