The Reserve Bank India (RBI) has auctioned 364-days treasury bills today. The RBI has accepted bids for notified amount of Rs 50 billion. The cut-off yield has been set at 8.6603% at a price of Rs 92.05.

Today RBI injected Rs 140.26 billion in the banking system via 1-day repo on Sept. 17, 2014. At the auction conducted under liquidity adjustment facility, the central bank received 41 bids for 1-day repo, were accepted. These repos are traded at a fixed rate of 8%.