January 1, 2018 / 11:44 AM / 6 months ago

BRIEF-India Cenbank Sets 5.96 Pct Cut-Off Rate At Overnight Variable Rate Reverse Repo Auction

Jan 1 (Reuters) - Reserve Bank of India:

* INDIA CENTRAL BANK SETS CUT-OFF RATE OF 5.96 PERCENT AT OVERNIGHT VARIABLE RATE REVERSE REPO AUCTION

* INDIA CENBANK: WEIGHTED AVERAGE RATE AT 5.94 PERCENT AT OVERNIGHT VARIABLE RATE REVERSE REPO AUCTION

* INDIA CENBANK: ALLOTS 300.02 BILLION RUPEES AT OVERNIGHT VARIABLE RATE REVERSE REPO AUCTION; GETS BIDS WORTH 532.37 BILLION RUPEES

* INDIA CENBANK: MAKES PARTIAL ALLOTMENT OF 99.20 PERCENT AT CUT-OFF RATE AT OVERNIGHT VARIABLE RATE REVERSE REPO AUCTION Source text - bit.ly/2C2A8v9

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