statement
Reserve Bank of India will have the full discretion to accept or reject any or all bids either wholly or partially without assigning any reason.
A statement by Reserve Bank of India. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Reserve Bank of India will have the full discretion to accept or reject any or all bids either wholly or partially without assigning any reason.
Related claims
Bids quoted at rates lower than the minimum price/higher than the maximum yield determined by the Reserve Bank of India will be rejected.post author · predictionOn the basis of bids received, the Reserve Bank will determine the minimum price/maximum yield up to which tenders for purchase of Government Security will be accepted at the auctions.Reserve Bank · commitmentThe Central Government's approval of the design, form and material of bank notes follows consideration of recommendations made by the Central Board of RBI.RBI Act 1934, Section 25 · statementUpon a review, the Reserve Bank of India is satisfied that, in the public interest, it is necessary to further extend the period of supersession beyond the close of business of the bank as on November 23, 2026.Reserve Bank of India · statementBids in physical form will not be accepted except in extraordinary circumstances; only in the event of system failure will physical bids be accepted.post author · statementThe Reserve Bank of India has extended the period of supersession for a further period of one year, effective from November 24, 2026, in exercise of its powers under sub-Section (1) of Section 36AAA read with Section 56 of the Banking Regulation Act, 1949.Reserve Bank of India · statement