Tuesday, 28 April

Tuesday, 28 April2026

RBI to Auction ₹14,500 Crore in State Government Securities

By Isha
RBI to Auction ₹14,500 Crore in State Government Securities
The Reserve Bank of India has announced a massive auction of State Development Loans (SDLs) worth ₹14,500 crore, scheduled for April 28. Seven state governments will participate in the sale to raise capital for developmental projects and fiscal requirements. This auction is a critical component of India’s borrowing calendar, offering institutional investors an opportunity to acquire high-quality sovereign-backed debt.

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