Banking and RBI
G-Sec auction of 10 July 2026: 6.36% GS 2031 and 7.71% GS 2066 fully accepted
10 July 2026 | Reserve Bank of India
The RBI's auction result of 10 July 2026 shows Rs 21,000 crore accepted in 6.36% GS 2031 (cut-off price Rs 99.75, implicit yield 6.4218%) and Rs 11,000 crore in 7.71% GS 2066 (cut-off price Rs 103.23, implicit yield 7.4543%), with no devolvement on Primary Dealers.
In the underwriting auction the same day, the ACU commission cut-off rates were 0.27 paise per Rs 100 for the 2031 security and 0.66 paise for the 2066 security (RBI press release 2026-2027/640).
Key facts- 6.36% GS 2031: Rs 21,000 crore accepted, yield 6.4218%
- 7.71% GS 2066: Rs 11,000 crore accepted, yield 7.4543%
- Devolvement on Primary Dealers: nil
- ACU commission cut-offs: 0.27 and 0.66 paise per Rs 100
Exam takeaway: Devolvement occurs when primary dealers must take up unsold securities.
Quick revision: G-Sec auction 10 July 2026: Rs 32,000 crore accepted, no devolvement (RBI).
Reserve Bank of India original sourceEconomy and Finance
Government mandates TReDS for settlement of all MSME invoices by CPSEs
10 July 2026 | Press Information Bureau
PIB said a notification dated 30 June 2026 mandates that all operating Central Public Sector Enterprises (CPSEs) route settlement of invoices for goods and services procured from MSMEs through TReDS platforms authorised by the RBI, fulfilling a Union Budget 2026-27 commitment.
CPSEs must disclose details of MSME invoices routed and settled through TReDS as specified by the RBI and obtain a statutory auditor's certificate of TReDS registration and compliance during their annual audit.
Key facts- Rule: CPSEs must settle MSME invoices via TReDS
- Notification dated: 30 June 2026 (PIB release 10 July)
- Platforms: authorised by the RBI
- Basis: Union Budget 2026-27 commitment
Exam takeaway: TReDS is the Trade Receivables Discounting System that helps MSMEs get quick payment.
Quick revision: CPSEs must settle MSME invoices through TReDS (PIB, 10 July 2026; notification of 30 June).
Press Information Bureau original sourceGovernment Schemes
Gujarat BharatNet addendum signed: Rs 5,629 crore financial support for 14,287 Gram Panchayats
10 July 2026 | Press Information Bureau
PIB said Digital Bharat Nidhi (DBN) under the Department of Telecommunications signed an addendum on 10 July 2026 at Sanchar Bhawan, New Delhi, with the Government of Gujarat, GFGNL and BSNL for the Amended BharatNet Programme in the State under the State-led model.
The release says Rs 5,629 crore financial support was approved, covering 14,287 Gram Panchayats and providing on-demand connectivity to 3,895 villages, and facilitating more than five lakh rural home fibre connections.
Key facts- Support approved: Rs 5,629 crore
- Gram Panchayats covered: 14,287
- On-demand connectivity: 3,895 villages
- Parties: DBN, Gujarat, GFGNL, BSNL
Exam takeaway: BharatNet aims to bring broadband to rural India.
Quick revision: Gujarat Amended BharatNet: Rs 5,629 crore, 14,287 GPs (PIB, 10 July 2026).
Press Information Bureau original source