Banking and RBI
SGB 2020-21 Series VI premature redemption price fixed at Rs 15,384 per unit
7 September 2026 | Reserve Bank of India
RBI announced that premature redemption of Sovereign Gold Bond SGB 2020-21 Series VI (issue date 8 September 2020) is due on 8 September 2026. The redemption price is Rs 15,384 per unit, based on the simple average of the closing price of 999-purity gold of the previous three business days as published by IBJA.
Premature redemption is permitted after the fifth year from the date of issue, on a date when interest is payable.
Key facts- Tranche: SGB 2020-21 Series VI
- Issue date: 8 September 2020
- Premature redemption due: 8 September 2026
- Redemption price: Rs 15,384 per unit
Exam takeaway: The 7 September tranche carried a price of Rs 15,334 per unit.
Quick revision: SGB 2020-21 Series VI redemption price (RBI, 7 September 2026).
Reserve Bank of India original sourceEconomy and Finance
30-day VRRR auction of 7 September 2026 accepts Rs 2,59,276 crore
7 September 2026 | Reserve Bank of India
In the 30-day Variable Rate Reverse Repo auction held on 7 September 2026, against a notified amount of Rs 7,00,000 crore, offers of Rs 2,59,276 crore were received and all accepted at a cut-off rate of 5.24 per cent.
RBI also announced a second, overnight VRRR auction for 7 September with a notified amount of Rs 5,00,000 crore, reversing on 8 September. That auction's result is a separate release.
Key facts- 30-day VRRR accepted: Rs 2,59,276 crore
- Notified: Rs 7,00,000 crore
- Cut-off rate: 5.24%
- Second overnight VRRR announced: Rs 5,00,000 crore
Exam takeaway: This was the 30-day auction announced on 4 September.
Quick revision: 30-day VRRR result of 7 September (RBI).
Reserve Bank of India original sourceGovernment Schemes
Defence Acquisition Council accords AoN for capital acquisitions worth about Rs 1.10 lakh crore
7 September 2026 | Press Information Bureau (Hindi release; English page not read)
PIB's release said the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN), an in-principle administrative approval, on 7 September 2026 to various acquisition proposals for the armed forces with an estimated cost of about Rs 1,10,000 crore.
For the Army, the approvals include CBRN reconnaissance vehicles, high mobility vehicles, automatic mechanical minelaying vehicles, Advanced Light Helicopters, trawl tanks and Sarvatra bridge systems.
Key facts- Chaired by: Rajnath Singh
- Meeting date: 7 September 2026
- Approval type: Acceptance of Necessity (AoN)
- Estimated cost: about Rs 1,10,000 crore
Exam takeaway: AoN is the first step in the defence procurement process.
Quick revision: DAC approvals of 7 September 2026 (PIB).
Press Information Bureau (Hindi release; English page not read) original source