Monday 22 May 2017

RBI to sell 15 state government secs for Rs 12,650 cr on May 23


The Reserve Bank of India on Friday said it will auction fifteen state government securities for Rs 12,650 crore on May 23, 2017. “The auction will be conducted on the Reserve Bank of India Core banking Solution (E-Kuber) system on May 23, 2017,” said RBI said in a notification.

The apex bank further said that 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 May 23, 2017 (Tuesday).

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