March 14, 2018 / 9:51 AM / 3 months ago

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

March 14 (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 5.97 PERCENT AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION

* INDIA CENBANK: ALLOTS 327.40 BILLION RUPEES AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION; GETS BIDS WORTH 327.40 BILLION RUPEES Source text - bit.ly/2tM1hmz

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