RBI Allots ₹20,100 Crore in State Securities Auction
RBI said the August 25 auction of State Government Securities received competitive bids worth ₹53,804.500 crore for ₹20,100 crore notified.
RBI said the August 25 auction of State Government Securities received competitive bids worth ₹53,804.500 crore for ₹20,100 crore notified.
The RBI’s August 24 release showed net liquidity absorption of ₹3,40,120.94 crore, with SDF use higher than MSF in today’s operations.
The RBI said the auction will be held on August 28, with settlement on August 31 and an option to retain ₹2,000 crore more.
The RBI’s August 24 release reported zero money market volume and net liquidity absorption of ₹3,42,424.94 crore.
The RBI penalty relates to Progfin Private Limited’s failure to put in place a six-monthly review system for the risk categorisation of accounts under KYC directions.
RBI penalised Shri Ram Finance Corporation Private Limited for lapses related to governance and KYC compliance directions.
RBI will auction ₹24,000 crore in 91-day, 182-day and 364-day Government of India Treasury Bills on August 27, 2026.
RBI will auction State Government Stocks worth ₹20,100 crore on August 25, with bids through E-Kuber and Retail Direct.
RBI data showed forex reserves at US$716,907 million on August 14, while bank deposits and credit grew 15.4% and 19.3% year-on-year.
The RBI has announced premature redemption dates and request windows for 32 Sovereign Gold Bond tranches due between October 2026 and March 2027.