September 1, 2015 / 11:43 AM / 2 years ago

BRIEF-India central bank sets 7.24 pct cut-off at 13-day variable rate reverse repo auction

Sept 1 (Reuters) - The Reserve Bank of India:

* INDIA CENTRAL BANK SETS CUT-OFF RATE OF 7.24 PCT AT 13-DAY VARIABLE RATE REVERSE REPO AUCTION * INDIA CBANK: WEIGHTED AVERAGE RATE AT 7.23 PCT AT 13-DAY VARIABLE RATE REVERSE REPO AUCTION * INDIA CBANK: ALLOTS 17.80 BLN RUPEES AT 13-DAY VARIABLE RATE REVERSE REPO AUCTION; GETS BIDS WORTH 17.80 BLN RUPEES

Source text: (bit.ly/1hQJjVq) (Reporting by Aby Jose Koilparambil in Bengaluru)

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