Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Several State Governments, including Andhra Pradesh, Gujarat, and Tamil Nadu, will conduct auctions via RBI for a total of ₹29,900 crore in state development loans. The auctions aim to support state-level fiscal requirements.
The Government of India announced the reissue of two dated securities totaling ₹33,000 crore on October 21, 2026—one maturing in 2031 and another in 2035—through auctions administered by the RBI.
State governments, including Andhra Pradesh and Telangana, will auction securities totaling ₹25,100 crore in face value. The auctions are part of the RBI’s Benchmark Issuance Strategy to improve market transparency and investor clarity.
The RBI released the report of the Advisory Committee on Ways and Means Advances (WMA) to State Governments chaired by I S N Prasad. The committee reviewed state-wise WMA limits and financial accommodation mechanisms.
RBI releases indicative issuance calendar for Government of India dated securities, including Sovereign Green Bonds, for H2 FY2026-27.
The RBI has set the Ways and Means Advances (WMA) limit for the Government of India at ₹50,000 crore for H2 of FY2026-27, with market loans to be triggered at 75% utilization.
RBI releases indicative calendar for Government of India dated securities, including Sovereign Green Bonds, for second half of FY27.
RBI fixes Ways and Means Advances (WMA) limit at ₹50,000 crore for the second half of FY 2026-27. Market loans may be triggered at 75% utilization.
Auction for Andhra Pradesh and Delhi State Government Securities on November 3, 2026, was fully subscribed, with total acceptances of ₹4,000 crore for Andhra and ₹1,000 crore for Delhi. Yields ranged between 7.889% and 8.146%, reflecting investor appetite for state debt amid stable fiscal sentiment.
Five state governments, including Andhra Pradesh and Rajasthan, are collectively auctioning ₹29,900 crore in securities via RBI-managed process.
The 36th Conference of State Finance Secretaries, held on October 27, 2026, focused on fiscal sustainability, emphasizing quality spending, cash management, and prudent debt.
State governments of Bihar, Assam, and Chhattisgarh collectively raised ₹4,600 crore via yield-based auction of securities on October 27, 2026, with Bihar’s re-issued 2041 bond fetching a yield of 8.2811%.