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

  • Reuters
  • Economy News
BRIEF-India cenbank sets 6.24 pct cut-off rate at 7-day variable rate reverse repo auction
Credit: © Reuters.

Feb 22 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 7-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 7-day variable rate reverse repo auction

* India cenbank: allots 254.35 billion rupees at 7-day variable rate reverse repo auction ; gets bids worth 254.35 billion rupees Source text -

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