Banking and RBI
Government announces Rs 30,000 crore buyback of four securities, auction on 3 September 2026
28 August 2026 (announcement) | Reserve Bank of India
The RBI announced that the Government of India will buy back securities through auction for an aggregate Rs 30,000 crore (face value). The securities are 7.33% GS 2026, 5.74% GS 2026, 8.15% GS 2026 and 8.24% GS 2027, with no notified amount for individual securities.
Offers are to be submitted on the e-Kuber system on 3 September 2026, between 10:30 and 11:30 a.m. The result is to be announced the same day and settlement is on 4 September. This is an announcement; the result is a separate release.
Key facts- Aggregate ceiling: Rs 30,000 crore
- Securities: four, maturing Oct 2026 to Feb 2027
- Auction date (scheduled): 3 September 2026
- Settlement (scheduled): 4 September 2026
Exam takeaway: The same four securities featured in the 6 August buyback result.
Quick revision: Rs 30,000 crore buyback announced (RBI, 28 August 2026).
Reserve Bank of India original sourceEconomy and Finance
India's forex reserves at US$ 729.328 billion as on 21 August 2026
Week ended 21 August 2026 (published 28 August) | Reserve Bank of India
RBI's Weekly Statistical Supplement extract shows India's total reserves at US$ 729,328 million (Rs 69,81,330 crore) as on 21 August 2026, up US$ 12,422 million over the week and US$ 38,221 million above end-March 2026.
The previous reading was US$ 716,907 million as on 14 August 2026.
Key facts- Total reserves: US$ 729,328 mn
- Weekly rise: US$ 12,422 mn
- Rise over end-March 2026: US$ 38,221 mn
- Reference date: 21 August 2026
Exam takeaway: The rise coincides with the FCNR(B) swap inflows.
Quick revision: Forex reserves at US$ 729.328 bn (RBI WSS, published 28 August 2026).
Reserve Bank of India original sourceGovernment Schemes
PIB clarifies revised CBG price of Rs 2,110 per MMBtu under GOBARdhan
29 August 2026 | Press Information Bureau
PIB's Petroleum Ministry note said that under the GOBARdhan Scheme the CBG price has been fixed at Rs 2,110 per MMBtu, against about Rs 1,478 per MMBtu under the existing system linked to 85 per cent of the retail selling price of CNG, an increase of approximately 43 per cent.
It said this is the procurement price paid to CBG producers, not the price paid by CNG or household PNG consumers, and the Government will provide affordability support of Rs 10 per kg of CBG. The note rebuts a newspaper article.
Key facts- New CBG price: Rs 2,110 per MMBtu
- Earlier: about Rs 1,478 per MMBtu (85% of CNG retail price)
- Increase: approximately 43%
- Government support: Rs 10 per kg of CBG
Exam takeaway: This follows the GOBARdhan Cabinet approval of 6 August 2026.
Quick revision: CBG pricing under GOBARdhan (PIB, 29 August 2026).
Press Information Bureau original source