Amount of Auctioned Surplus Cash Balance of GoI to be indicated in MMO Press Release

March 19, 2015 / 18:40 IST

To provide further transparency, it has been decided that with effect from April 06, 2015, the surplus cash balance of Government of India (GoI) reckoned for auction will be indicated by way of a footnote in the press release issued daily on “Money Market Operations”. The Press Release dated August 22, 2014 on “Revised Liquidity Management Framework” had mentioned that surplus cash balances of GoI, when available, are being auctioned in consultation with the GoI, with effect from December 16, 2014.

Alpana Killawala Principal Chief General Manager

Press Release: 2014-2015/1971

first published: Mar 19, 2015 06:40 pm

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