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BRIEF-India cenbank sets 6.21 pct cut-off at overnight variable rate reverse repo auction
March 16, 2017 / 7:33 AM / 8 months ago

BRIEF-India cenbank sets 6.21 pct cut-off at overnight variable rate reverse repo auction

March 16 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.21 percent at overnight variable rate reverse repo auction

* India cenbank: weighted average rate at 6.20 percent at overnight variable rate reverse repo auction

* India cenbank: allots 300.03 billion rupees at overnight variable rate reverse repo auction; gets bids worth 797.20 billion rupees

* India cenbank: makes partial allotment of 57.39 percent at cut-off rate at overnight variable rate reverse repo auction Source text: bit.ly/2ncFGPI

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