BRIEF-India cbank to conduct 14 day term repo auction for 610 bln rupees

June 26 Thu Jun 26, 2014 2:40am EDT

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June 26 (Reuters) - India's central bank said on Thursday it would conduct a fourteen-day term repo auction for 610 billion indian rupees ($10.22 billion) on Friday, The reversal of the fourteen-day term repo will take place on July 11, RBI said. ($1 = 59.7000 Indian Rupees) (Reporting By Aditya Kondalamahanty in Bangalore)