RBI Announces ₹1 Lakh Crore OMO Purchase of Government Securities in Two Tranches

The Reserve Bank of India (RBI) announced it will conduct Open Market Operation (OMO) purchase auctions of Government of India securities totaling ₹1 lakh crore to manage liquidity. The purchases will occur in two tranches of ₹50,000 crore each on March 9 and March 13, 2026. The RBI will use a multi-security auction with the multiple price method and reserves the right to adjust purchase amounts or accept offers partially. Auction results will be announced the same day, with successful participants required to ensure securities availability by March 10 noon.