Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Nine state governments, including Assam and Bihar, will auction securities totaling ₹23,300 crore through yield-based bidding. The auctions are part of states' market borrowings coordinated via RBI.
Assam and Bihar will auction ₹2,000 crore in state securities via yield-based auctions. Tenor is 9 years, part of ₹23,300 crore total issuance.
On October 19, 2026, auctions for state government securities were conducted, with Goa, Gujarat, and Andhra Pradesh successfully raising funds. Cut-off yields ranged from 7.96% to 8.10%, reflecting state-specific borrowing costs.
Several state governments, including Andhra Pradesh and Tamil Nadu, will auction a total of ₹24,400 crore in securities through re-issuance of existing stocks. Auctions will be price-based.
On October 16, 2026, several state governments, including Andhra Pradesh and others, announced auctions to raise ₹24,400 crore through the re-issue of State Government Securities (SGS), with price-based and yield-based bidding methods.
RBI reports auction results for 7.06% GS 2041 and 7.43% GS 2076 bonds. ₹23,000 crore and ₹13,000 crore issued respectively. Competitive bids exceeded notified amounts.
RBI to auction ₹31,200 crore in state government securities, including fresh and re-issued bonds from Assam, Bihar, and others. Auctions use yield and price-based methods.
Provisional RBI data reveals sharp increase in State Government loans: outstanding advances rose from ₹8,590 crore (Sep 25) to ₹38,414 crore (Oct 2) 2026, indicating aggressive state-level borrowing.
Several state governments, including Assam and Bihar, are auctioning state development loans worth ₹31,200 crore. Auctions to be conducted via RBI’s e-Kuber platform using yield and price methods.
The RBI has released the indicative calendar for state government borrowings for October–December 2026 under the Benchmark Issuance Strategy (BIS). Eighteen states and one UT will participate.
The RBI has announced auctions of 91-day, 182-day, and 364-day Treasury Bills totaling ₹29,000 crore. The auction is scheduled for October 7, 2026, with settlement on October 8.
Several state governments, including Andhra Pradesh and Gujarat, will conduct auctions of state government securities (SGS) for a total of ₹25,100 crore. The auctions will include re-issues of existing stock.