EconomyReserve Bank of India · official
Auction of State Government Securities
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹35,900 Crore (Face Value). The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on September 15, 2026 (Tuesday).
Exam-ready takeaways
- Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on September 15, 2026 (Tuesday).
- Stock will be issued for a minimum nominal amount of ₹10,000.00 and in multiples of ₹10,000.00 thereafter.
- The results of the auction will be announced on September 15, 2026 (Tuesday) and payment by successful bidders will be made during banking hours on September 16, 2026 (Wednesday) at Mumbai and at respective Regional Offices of RBI.
- The Stocks will be governed by the provisions of the Government Securities Act, 2006 and the Government Securities Regulations, 2007.
- The investment in State Government Stocks will be reckoned as an eligible investment in Government Securities by banks for the purpose of Statutory Liquidity Ratio (SLR) under Section 24 of the Banking Regulation Act, 1949.
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The following State Governments have offered to sell stock by way of auction, for an aggregate amount of [ … ] (Face Value).
Reported answer: ₹35,900 Crore
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹35,900 Crore (Face Value).
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