Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on September 15, 2026 (Tuesday).
GK and monthly revision
Auction of State Government Securities
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹35,900 Crore (Face Value). The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on September 15, 2026 (Tuesday).
Source: Reserve Bank of India (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
Stock will be issued for a minimum nominal amount of ₹10,000.00 and in multiples of ₹10,000.00 thereafter.
The results of the auction will be announced on September 15, 2026 (Tuesday) and payment by successful bidders will be made during banking hours on September 16, 2026 (Wednesday) at Mumbai and at respective Regional Offices of RBI.
The Stocks will be governed by the provisions of the Government Securities Act, 2006 and the Government Securities Regulations, 2007.
The investment in State Government Stocks will be reckoned as an eligible investment in Government Securities by banks for the purpose of Statutory Liquidity Ratio (SLR) under Section 24 of the Banking Regulation Act, 1949.
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Note which exams each story matters for, and revise it again in the week before that exam.