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3 years ago
BRIEF-India Cbank sets 7.95 pct cut-off at Overnight Variable Rate Reverse Repo Auction
October 1, 2014 / 12:42 PM / 3 years ago

BRIEF-India Cbank sets 7.95 pct cut-off at Overnight Variable Rate Reverse Repo Auction

Oct 1 (Reuters) - The Reserve Bank of India:

* India Cbank: Makes Partial Allotment Of 18.48 Pct At Cut Off rate of 7.95 percent at 6-day variable rate reverse repo auction

* Sets Cut-Off Rate Of 7.95 Pct At 6-Day Variable Rate Reverse Repo Auction

* Weighted Average Rate At 7.86 Pct At 6-Day Variable Rate Reverse Repo Auction

* Allots 250.07 Bln Rupees At 6-Day Variable Rate Reverse Repo Auction ; Gets Bids Worth 447.10 Bln Rupees (Reporting By Aditya Kondalamahanty in Bangalore)

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