RBI Announces Auction Of Government of India Cash Management Bill For Rs 30000 Crore

The Reserve Bank of India announces the auction of a 48-Day Government of India Cash Management Bill for a notified amount of Rs 30000 crore. The auction will be conducted using "Multiple Price Auction" method. 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.F.No.4(2)-W&M/2018 dated March 27, 2018 issued by the Government of India, as amended from time to time.

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