News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax | PPE Safety Kit SITRA Approved | PPE Safety Kit
Latest Circulars »
 Online Dispute Resolution (ODR) System for Digital Payments
 RBI Opening of Current Accounts by Banks - Need for Discipline
 Loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses
 Basel III Capital Regulations Treatment of debt mutual funds/ETFs
 Micro, Small and Medium Enterprises (MSME) sector Restructuring of Advances
 Resolution Framework for COVID-19-related Stress
 Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) Shivam Sahakari Bank Ltd, Ichalkaranji, Kolhapur, Maharashtra
 Notification No. 56/2020 CENTRAL BOARD OF DIRECT TAXES
 12 LPA-Opening Chartered Accountant, Finance
  Implementation of Indian Accounting Standards
 Notification No. 50/2020 CENTRAL BOARD OF DIRECT TAXES

RBI announces auction of a 80-Day Government of India Cash Management Bill
June, 29th 2017

The Reserve Bank of India announces the auction of a 80-Day Government of India Cash Management Bill as per the following details.

Auction Date Settlement Date Maturity date Notified Amount
June 29, 2017 June 30, 2017 September 18, 2017 30,000 crore

The auction will be conducted using "Multiple Price Auction" method. The competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) between 10.30 a.m. and 12.00 noon. The result of the auction will be announced on the same day.

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. F4(8)-W&M/2015 dated May 26, 2016 issued by the Government of India, as amended from time to time.

Ajit Prasad
Assistant Adviser

Press Release: 2016-2017/3503

Home | About Us | Terms and Conditions | Contact Us | PPE Kit SITRA Approved | PPE Safety Kit
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting