BRIEF-India cenbank sets 6.24 pct cut-off at 28-day variable rate reverse repo auction

Last Updated: Wed, Feb 15, 2017 13:00 hrs

Feb 15 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 28-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 28-day variable rate reverse repo auction

* India cenbank: allots 74.50 billion rupees at 28-day variable rate reverse repo auction; gets bids worth 74.50 billion rupees Source text: http://bit.ly/2kIJ28z

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