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Bank of Maharashtra sold Rs 500-crore G-sec to RBI in OMO purchase auctions

In December, the RBI had conducted three OMO purchase auctions and infused Rs 1.50 lakh crore in to the banking system. Rs 50,000 crore each was infused on December 12, December 18, and December 29, according to RBI data.

January 13, 2026 / 17:57 IST
Even after the bank had participated in the OMO purchase auctions, the treasury loss of the bank Rs 143 crore in Q3FY26, as compared to income of Rs 120 crore in a quarter ago period and Rs 50 crore in a year ago period.
Snapshot AI
  • Bank of Maharashtra sold ₹500 crore G-sec to RBI in December OMO auctions.
  • RBI infused Rs 1.5 lakh crore liquidity via three OMO auctions in December
  • Bank reported Rs 143 crore treasury loss in Q3FY26 despite OMO participation

Bank of Maharashtra sold Rs 500 crore worth of government securities to the Reserve Bank of India (RBI) during the Open Market Operation (OMO) purchases auctions held in December, chief executive officer and managing director, Nidhu Saxena told Moneycontrol on January 13.

“We have participated in the recent OMO purchase auction conducted by the RBI and sold around Rs 500 crore worth of G-sec to the central bank,” Saxena said while addressing the Moneycontrol question during post earning press conference.

The central bank, in a bid to infuse durable liquidity to the banking system, had announced several measures including OMO purchases of government securities.

In December, the RBI had conducted three OMO purchase auctions and infused Rs 1.50 lakh crore in to the banking system. Rs 50,000 crore each was infused on December 12, December 18, and December 29, according to the RBI’s data.

Currently, the banking system is estimated to be in surplus of around Rs 16,411.34 crore as on January 12, as per RBI data.

On December 23, the RBI had announced additional measures such as conduct of Open Market Operation (OMO) purchase of governments securities and USD/INR Buy/Sell swap auction to inject durable liquidity to the banking system after review of current liquidity and financial conditions.

The central bank said it will conduct Rs 2 lakh crore OMO purchase auctions of Government of India securities in four tranches of Rs 50,000 crore each. These auctions will take place on December 29, 2025, January 05, 2026, January 12, 2026, and January 22, 2026, release said.

Even after the bank had participated in the OMO purchase auctions, the treasury loss of the bank Rs 143 crore in Q3FY26, as compared to income of Rs 120 crore in a quarter ago period and Rs 50 crore in a year ago period.

Manish M. Suvarna
Manish M. Suvarna is Senior Correspondent at Moneycontrol. He writes on the Indian money markets, RBI, Banks and NBFCs. He tweets at @manishsuvarna15. Contact: Manish.Suvarna@nw18.com
first published: Jan 13, 2026 05:55 pm

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