January 1, 2018 / 10:04 AM / 2 months ago

BRIEF-India Cenbank Sets 5.99 Pct Cut-Off At 7-Day Variable Rate Reverse Repo Auction

Jan 1 (Reuters) - Reserve Bank of India:

* INDIA CENTRAL BANK SETS CUT-OFF RATE OF 5.99 PERCENT AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION

* INDIA CENBANK: WEIGHTED AVERAGE RATE AT 5.98 PERCENT AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION

* INDIA CENBANK: ALLOTS 384.56 BILLION RUPEES AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION ; GETS BIDS WORTH 384.56 BILLION RUPEES Source text: bit.ly/2qejA27

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