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BRIEF-India cenbank sets cut-off rate of 6.24 pct at 7-day variable rate reverse repo auction
May 25, 2017 / 10:14 AM / 6 months ago

BRIEF-India cenbank sets cut-off rate of 6.24 pct at 7-day variable rate reverse repo auction

May 25 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 7-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.23 percent at 7-day variable rate reverse repo auction

* India cenbank: allots 301.11 billion rupees at 7-day variable rate reverse repo auction; gets bids worth 301.11 billion rupees Source text: (bit.ly/2rTB2Fx)

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