Bank of Maharashtra Sells Rs 500 Cr G-Sec to RBI in OMO Auctions

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Moneycontrol•13-01-2026, 18:46
Bank of Maharashtra Sells Rs 500 Cr G-Sec to RBI in OMO Auctions
- •Bank of Maharashtra sold Rs 500 crore worth of government securities (G-sec) to the RBI in December's Open Market Operation (OMO) purchase auctions.
- •CEO & MD Nidhu Saxena confirmed the sale to Moneycontrol on January 13.
- •The RBI conducted three OMO purchase auctions in December, infusing Rs 1.50 lakh crore into the banking system.
- •The central bank announced further OMO purchases of Rs 2 lakh crore in four tranches for December 2025 and January 2026 to inject durable liquidity.
- •Despite participating in OMOs, Bank of Maharashtra reported a treasury loss of Rs 143 crore in Q3FY26.
Why It Matters: Bank of Maharashtra sold Rs 500 crore G-sec to RBI in OMOs amid broader liquidity measures.
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