BRIEF-India cenbank sets 6.24 pct cut-off at overnight variable rate

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

Last Updated: Wed, Feb 15, 2017 17:00 hrs

Feb 15 (Reuters) - Reserve Bank of India:

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

* India cenbank: weighted average rate at 6.22 percent at overnight variable rate reverse repo auction

* India cenbank: allots 489.53 billion rupees at overnight variable rate reverse repo auction; gets bids worth 489.53 billion rupees Source text: http://bit.ly/2kJqYuT

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