News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax | PPE Safety Kit SITRA Approved | PPE Safety Kit
Latest Circulars »
  Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
  Master Circular - Disbursement of Government Pension by Agency Banks
 Master Circular on SHG-Bank Linkage Programme
 Exempt allowances for salaried taxpayers in New Tax Regime
 Floating Rate Savings Bonds, 2020 (Taxable)- FRSB 2020 (T) - Operational Guidelines
 RBI-Floating Rate Savings Bonds 2020 (Taxable)
 Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Minimum Daily Maintenance of the Cash Reserve Requirement
 Loans Sourced by Banks and NBFCs over Digital Lending Platforms: Adherence to Fair Practices Code and Outsourcing Guidelines
 Reserve Bank sensitises members of public on safe use of digital transactions
 Auction of Government of India Dated Securities June 22, 2020
 Assignment of Risk Weights on Credit Facilities (Guaranteed Emergency Credit Line) under the Emergency Credit Line Guarantee Scheme

RBI announces auction of a 15-days Government of India Cash Management Bill
April, 24th 2017

Reserve Bank of India announces the auction of 15-days Government of India Cash Management Bill as per the following details.

Auction Date Settlement/Issue Date Maturity Date Notified Amount
April 25, 2017 April 26, 2017 May 11, 2017 20,000 crore

The auction will be conducted using "Multiple Price Auction" method. The competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) between 10.30 a.m. and 12.00 noon. The result of the auction will be announced on the same day.

Cash Management Bills will have the generic character of Treasury Bills and their sale will be subject to the terms and conditions specified in the General Notification No. F4(8)-W&M/2015 dated May 26, 2016 issued by the Government of India, as amended from time to time.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2864

Home | About Us | Terms and Conditions | Contact Us | PPE Kit SITRA Approved | PPE Safety Kit
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting