one18

Stories

RBI Sells ₹25,000 Crore G-Secs in OMO to Absorb Surplus Banking Liquidity
C
CNBC TV18•21-09-2026, 18:45
RBI Sells ₹25,000 Crore G-Secs in OMO to Absorb Surplus Banking Liquidity
  • •The Reserve Bank of India (RBI) accepted bids worth ₹25,000 crore in the second tranche of its Open Market Operation (OMO) sale of government securities.
  • •The OMO sale aims to absorb excess liquidity from the banking system, which held an estimated ₹6.05 lakh crore surplus as of September 20.
  • •Investor demand for the G-secs was high, with total bids amounting to ₹84,982 crore against the notified ₹25,000 crore.
  • •The RBI accepted bids across various government securities, including 6.10% GS 2031 and 7.95% GS 2032, but rejected bids for 8.28% GS 2027.
  • •Surplus liquidity stems from factors like strong FCNR(B) deposit mobilization and month-end government spending, with the final OMO tranche scheduled for September 28.
Read Full Article on CNBC TV18 in English

Key Questions Answered

The Reserve Bank of India accepted bids worth ₹25,000 crore in the second tranche of its open market operation sale of government securities.

A key source of the surplus has been the strong mobilisation of Foreign Currency Non-Resident (Bank) deposits, alongside month-end government spending like salary and pension payments.

The RBI's final ₹25,000-crore open market operation tranche is scheduled to take place on September 28.

Similar Stories

RBI Absorbs Rs 71,971 Crore via Overnight VRRR Auction Amidst Huge Surplus Liquidity

RBI Absorbs Rs 71,971 Crore via Overnight VRRR Auction Amidst Huge Surplus Liquidity

C
CNBC TV18
The lower borrowing programme is in line with the government's broader fiscal consolidation path, with the fiscal deficit for FY27 targeted at 4.3 percent of GDP.

Centre to Borrow Rs 7.86 Lakh Crore in H2FY27; Full-Year Borrowing Below Budget Estimate

M
Moneycontrol
Representational image (Image: News18)

RBI Announces Rs 25,000 Crore OMO Sale Auction of Government Securities for October 13

N
News18
The banking system was flushed with liquidity due to heavy mobilisation of FCNR (B) deposits by banks

RBI's Long-Term VRRR Auctions See Tepid Response as Banks Prefer Shorter Tenures

M
Moneycontrol
RBI GDP outlook The Reserve Bank of India's Monetary Policy Committee (MPC) has revised its FY27 GDP growth forecast to 6.7% from 6.6%, citing stronger-than-expected economic performance in the first quarter. The central bank has projected Q1 FY27 growth at 7%, raised its Q2 forecast to 6.4%, while retaining its Q3 and Q4 projections at 6.5% and 6.8%, respectively. It has also estimated Q1 FY28 GDP growth at 7.3%. The RBI expects services, stable employment, robust credit growth and the government's infrastructure push to support growth, although uncertainty over the southwest monsoon, El Niño, geopolitics and global trade policy continues to pose risks.

RBI Absorbs Over Two Lakh Crore Rupees Via Overnight VRRR Auctions

C
CNBC TV18
Representational image (Image: News18)

RBI Absorbs Rs 2.10 Lakh Crore via Two Overnight VRRR Auctions to Manage Surplus Liquidity

N
News18