November 22, 2017 / 9:54 AM / a year ago

BRIEF-India cenbank sets cut-off rate of 5.99 pct at 7-day variable rate reverse repo auction

Nov 22 (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 5.99 percent at 7-day variable rate reverse repo auction

* India cenbank: allots 118.24 billion rupees at 7-day variable rate reverse repo auction ; gets bids worth 118.24 billion rupees Source text: (bit.ly/2zbDZEM)

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