RBI to hold ₹20,000 cr govt securities switch auction on March 9

The RBI will conduct a ₹20,000 crore switch auction of government securities on March 9, 2026, from 10:30 am to 11:30 am, with results to be declared the same day and settlement on March 10. The auction aims to ease redemption pressure, manage ₹5.47 lakh crore bond maturities, and support a balanced government borrowing profile.