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BRIEF-India cenbank sets cut-off rate of 6.24 pct at 7-day variable rate reverse repo auction
January 2, 2017 / 6:41 AM / a year ago

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

Jan 2 (Reuters) - Reserve Bank of India:

* RBI: allots 140.15 billion rupees at 7-day variable rate reverse repo auctionvs 500 billion rupees notified

* RBI: sets cut-off rate of 6.24 percent at 7-day variable rate reverse repo auction

* RBI: weighted average rate at 6.23 percent at 7-day variable rate reverse repo auction Source text: bit.ly/2hIQKAu

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