MUMBAI, India, April 11 -- Reserve Bank of India issued the following press release:

In the underwriting auction conducted on April 11, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

Nomenclature of the Security Notified Amount

(₹ crore) Minimum Underwriting Commitment (MUC) Amount

(₹ crore) Additional Competitive Underwriting Amount Accepted

(₹ crore) Total Amount underwritten

(₹ crore) ACU Commission Cut-off rate

(paise per ₹100) 6.92% GS 2039 16,000 8,001 7,999 16,000 0.09 New GS 2065 16,000 8,001 7,999 16,000 0.21 Auction for the sale...