RBI withdraws $5.2 billion via first net open market debt sale in 9 years

The Reserve Bank of India has taken steps to absorb liquidity from the banking sector by selling bonds worth 500 billion rupees. This strategic move included the sale of securities with maturation dates slated between fiscal 2029 and fiscal 2032, ...

By Reuters | Sep 17, 2026, 02.42 PM IST

The Reserve Bank of India has absorbed cash from the banking system equivalent to nearly 0.2% of total deposits through bond sales, the central bank said on Thursday.

The RBI accepted bids worth an aggregate of 500 billion rupees ($5.21 billion) and sold papers maturing from fiscal 2029 to fiscal 2032, under an auction-based open market sale, which was its first net sale since November 2017.

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