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BRIEF-India cenbank sets 6.24 pct cut-off rate at 14-day variable rate reverse repo auction
May 11, 2017 / 7:32 AM / 7 months ago

BRIEF-India cenbank sets 6.24 pct cut-off rate at 14-day variable rate reverse repo auction

May 11 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 14-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 14-day variable rate reverse repo auction

* India cenbank: allots 385.25 billion rupees at 14-day variable rate reverse repo auction; gets bids worth 385.25 billion rupees Source text: (bit.ly/2pA4ePT)

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