As mentioned in the Press Release dated August 22, 2014 on “Revised Liquidity Management Framework”, in consultation with the Govt. of India (GoI), surplus cash balances of GoI, when available, are being auctioned with effect from December 16, 2014.

To provide further transparency, it has been decided that w.e.f April 06, 2015, the surplus cash balance of GoI reckoned for auction will be indicated by way of a foot note in the press release issued daily on “Money Market Operations”.  

Alpana Killawala
Principal Chief General Manager

Press Release: 2014-2015/1971