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BRIEF-India cbank sets cut-off at 8.75 pct at 7-day term repo auction

Source : REUTERS
Last Updated: Wed, Mar 19, 2014 07:10 hrs

* India's central bank sets cut-off rate of 8.75 percent at 7-day term repo auction

* India cbank: weighted average rate at 8.79 percent at 7-day term repo auction

* India cbank: allots 100.04 billion rupees at 7-day term repo auction; gets bids worth 430.60 billion rupees

* India cbank: makes partial allotment of 74.74 percent at cut-off rate at 7-day term repo auction (swati.bhat@thomsonreuters.com/; swati.bhat.thomsonreuters.com@reuters.net)


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