May 2, 2018 / 9:51 AM / 23 days ago

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

May 2 (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 271.80 BILLION RUPEES AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION; GETS BIDS WORTH 271.80 BILLION RUPEES Source text - bit.ly/2FzCa75

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