Banking and RBI
Underwriting auction of 4 September 2026: New GS 2031 and 7.71% GS 2066 fully underwritten
4 September 2026 | Reserve Bank of India
RBI said that in the underwriting auction conducted on 4 September 2026 for Additional Competitive Underwriting (ACU), the full amounts of New GS 2031 (Rs 21,000 crore) and 7.71% GS 2066 (Rs 11,000 crore) were underwritten.
The ACU commission cut-off rate payable to Primary Dealers was 0.27 paise per Rs 100 for New GS 2031 and 0.62 paise per Rs 100 for 7.71% GS 2066.
Key facts- New GS 2031 ACU cut-off: 0.27 paise per Rs 100
- 7.71% GS 2066 ACU cut-off: 0.62 paise per Rs 100
- New GS 2031 notified: Rs 21,000 crore
- 7.71% GS 2066 notified: Rs 11,000 crore
Exam takeaway: The Minimum Underwriting Commitment for New GS 2031 was Rs 10,500 crore.
Quick revision: Underwriting auction result (RBI, 4 September 2026).
Reserve Bank of India original sourceEconomy and Finance
India's forex reserves at US$ 740.803 billion as on 28 August 2026
Week ended 28 August 2026 (published 4 September) | Reserve Bank of India
RBI's Weekly Statistical Supplement extract shows India's total reserves at US$ 740,803 million (Rs 70,66,658 crore) as on 28 August 2026, up US$ 11,475 million over the week and US$ 49,696 million above end-March 2026.
Foreign currency assets stood at US$ 600,670 million, up US$ 9,337 million over the week.
Key facts- Total reserves: US$ 740,803 mn
- Weekly rise: US$ 11,475 mn
- Rise over end-March 2026: US$ 49,696 mn
- Foreign currency assets: US$ 600,670 mn
Exam takeaway: The previous reading was US$ 729,328 million as on 21 August.
Quick revision: Forex reserves at US$ 740.803 bn (RBI WSS, 4 September 2026).
Reserve Bank of India original sourceEconomy and Finance
3-day VRRR auction of 4 September 2026 accepts Rs 5,41,975 crore; 30-day VRRR announced
4 September 2026 | Reserve Bank of India
In the 3-day Variable Rate Reverse Repo auction held on 4 September 2026, against a notified amount of Rs 7,00,000 crore, offers of Rs 5,41,975 crore were received and all accepted at a cut-off rate of 5.24 per cent.
RBI separately announced a 30-day VRRR auction for 7 September 2026 with a notified amount of Rs 7,00,000 crore, reversing on 7 October 2026, with an option of premature reversal through e-Kuber. This is an announcement; the result is a separate release.
Key facts- 3-day VRRR accepted: Rs 5,41,975 crore
- Notified: Rs 7,00,000 crore
- Cut-off rate: 5.24%
- 30-day VRRR announced for 7 September: Rs 7,00,000 crore
Exam takeaway: The 30-day auction carries a premature reversal option.
Quick revision: 3-day VRRR result of 4 September (RBI).
Reserve Bank of India original source Announcement of 30-day VRRR (RBI)