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BRIEF-India sets cut-off rate of 6.24 pct at overnight variable rate reverse repo auction
October 17, 2016 / 11:37 AM / in a year

BRIEF-India sets cut-off rate of 6.24 pct at overnight variable rate reverse repo auction

Oct 17 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 pct at overnight variable rate reverse repo auction

* India cenbank weighted average rate at 6.21 pct at overnight variable rate reverse repo auction

* India cenbank allots 100.03 bln rupees at overnight variable rate reverse repo auction; gets bids worth 122.43 bln rupees

* India cenbank makes partial allotment of 9.56 pct at cut-off rate at overnight variable rate reverse repo auction

Source text - bit.ly/2dYzp4S (Bengaluru newsroom)

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