RBI Auction of State Government Securities Totals INR 290.5 Billion, Scheduled for November 9

The Reserve Bank of India announced that multiple state governments will auction government stock with an aggregate face value of INR 290.5 billion on November 9, 2026, via the E-Kuber system. Competitive bids run from 10:30 to 11:30 AM and non-competitive bids from 10:30 to 11:00 AM, with results announced the same day and settlement on November 11. The securities qualify as eligible investments for banks' statutory liquidity ratio.