RBI To Drain ₹1 Lakh Crore From Banks In Three Bond Sales
The Reserve Bank of India will offload government securities on September 17, 21 and 28, pulling rupee liquidity from banks.
- RBI will sell ₹1,00,000 crore, about $11.3 billion, in government securities via open market operations.
- The sale splits into three tranches: September 17, 21 and 28, 2026.
- RBI published the announcement September 11, 2026, in an official press release.
Why it matters: The central bank manufactured this selloff itself, draining bank liquidity to move the price of its own debt.
Reserve Bank of India, "RBI announces OMO Sale of Government of India Securities" ↗ · Sep 15, 20269/15/26