RBI to Auction Rs 25,000 Crore Government Securities on Oct 13
The Reserve Bank of India will auction government securities worth Rs 25,000 crore on October 13. The auction will include six different securities maturing between 2030 and 2034. RBI will decide the accepted amounts and may accept bids lower than the offered amounts. Currently, the banking sector has surplus liquidity of about Rs 3.88 lakh crore.
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