Banking and RBI
RBI sets underwriting commission cut-offs for Rs 32,000 crore government securities auction
15 May 2026 | Reserve Bank of India
The RBI said that in the underwriting auction conducted on 15 May 2026 for Additional Competitive Underwriting (ACU) of two government securities, it set cut-off rates for the underwriting commission payable to Primary Dealers: 0.68 paise per Rs 100 for 6.36% GS 2031 (notified amount Rs 21,000 crore) and 1.08 paise per Rs 100 for New GS 2066 (Rs 11,000 crore).
On 14 May the RBI had announced the auction of the two securities for a total Rs 32,000 crore. Each Primary Dealer had a minimum underwriting commitment of Rs 500 crore for the 2031 security and Rs 262 crore for the 2066 security.
Key facts- Auction date: 15 May 2026; total notified Rs 32,000 crore
- 6.36% GS 2031: Rs 21,000 crore; ACU cut-off 0.68 paise per Rs 100
- New GS 2066: Rs 11,000 crore; ACU cut-off 1.08 paise per Rs 100
- Bids placed electronically on RBI's e-Kuber system
Exam takeaway: Primary Dealers underwrite government securities auctions and earn an underwriting commission.
Quick revision: RBI underwriting auction 15 May 2026: 6.36% GS 2031 (Rs 21,000 cr) and New GS 2066 (Rs 11,000 cr) (RBI).
Reserve Bank of India original sourceAppointments, Awards and Important Days
International Day of Families 2026: theme 'Families, Inequalities and Child Wellbeing'
15 May 2026 | United Nations
The UN's page for the International Day of Families gives the 2026 theme as 'Families, Inequalities and Child Wellbeing'. It says the theme underscores how widening inequalities shape family life and children's futures and calls for stronger investment in integrated, family-oriented policies.
The UN page highlights gaps in income, education, healthcare, digital access and essential services, and stresses integrated social protection including child benefits, parental leave, affordable childcare and early education.
Key facts- Day: International Day of Families, 15 May
- 2026 theme: Families, Inequalities and Child Wellbeing
- Focus: integrated family-oriented policies
- Source: United Nations
Exam takeaway: The International Day of Families is observed every year on 15 May.
Quick revision: IDF 2026 theme: Families, Inequalities and Child Wellbeing (UN).
United Nations original sourceReports, Indices, Science and Technology
SEBI issues Master Circular on Surveillance of Securities Market
15 May 2026 | SEBI
SEBI published a Master Circular on Surveillance of Securities Market on its website on 15 May 2026. The page listing carries the title and date; the body of the circular was not read for this edition, so its provisions are not summarised here.
Key facts- Issuer: SEBI
- Document: Master Circular on Surveillance of Securities Market
- Date: 15 May 2026
- Type: Master circular
Exam takeaway: SEBI master circulars consolidate earlier circulars on a subject into one document.
Quick revision: SEBI Master Circular on Surveillance of Securities Market, 15 May 2026 (SEBI).
SEBI original source