Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
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.
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.