The Reserve Bank of India (RBI) today announced the underwriting auction for the sale (re-issue) of Government Securities worth ₹29,000 crore tomorrow. The auction includes the re-issuance of ₹17,000 crore of 6.68% Government Security 2040 and ₹12,000 crore of 7.43% Government Security 2076. Under the underwriting framework, each Primary Dealer (PD) will have a minimum underwriting commitment of ₹405 crore and ₹286 crore, respectively, for the two securities, with equivalent minimum underwriting commitments (MUC) under the Additional Competitive Underwriting (ACU) auction. The underwriting auction will be conducted through a multiple price-based method via RBI’s e-Kuber system tomorrow morning.
Meanwhile, the RBI has extended the enhanced export credit period of up to 450 days for pre-shipment and post-shipment finance till 30th June 2026. The relief, introduced earlier amid global trade disruptions, has been continued due to ongoing logistical challenges linked to the West Asia crisis. The central bank also confirmed that the extended timeline of 15 months for the realisation of export proceeds will remain in force. The move is aimed at easing financial stress on exporters and ensuring the continuity of export-oriented businesses. The RBI said it will continue to monitor the situation closely and intervene in an appropriate manner as and when required.
In another development, the RBI said the supervisory data quality index (SDQI) of scheduled commercial banks (SCBs) improved marginally to 90.9 in the December 2025 quarter from 90.7 in the July-September period. The index assesses data quality based on accuracy, timeliness, completeness, and consistency in regulatory reporting. A score above 90 is categorised as “good,” indicating overall improvement in compliance levels among banks.
