Debt Management

The result of the auction of State Government Securities held on March 02, 2026, is as under: (Amount in ₹ Crore) ASSAM SGS 2035 CHHATTISGARH SGS 2038 CHHATTISGARH SGS 2043 GUJARAT SGS 2032 Notified Amount 1000 1000 1000 1000 Tenor 9 -Years 12 -Years 17 -Years 6 -Years 6 -Months Competitive Bids Received (i) No. 49 95 116 45 (ii) Amount 5698.50 8510 5221.35 3910

A. Source Security 5.63% GS 2026 7.33% GS 2026 8.15% GS 2026 8.15% GS 2026 B. Notified Amount (in ₹ crore) 3,000 2,000 5,000 3,000 Destination Security 6.92% GS 2039 7.50% GS 2034 6.57% GS 2033 8.32% GS 2032 C. i. No. of offers received 9 10 6 6 ii. Total amount of Source Security offered (Face value, in ₹ crore) 727.659 1,425.000 4,450.806 2,500.472 iii. No. of offers accepted 2 10 6 6 iv. Total amount of source security accepted (Face value, in ₹ crore) 102.335 1,425.000 4,450.806 2,500.472 v. Total amount of destination security issued (Face value, in ₹ crore) 103.281 1,368.733 4,556.164 2,331.967 vi. Cut-off price (₹) / yield (%) for destination security 99.12/ 7.0193 105.25/ 6.6747 99.35/ 6.6765 109.08/ 6.5604

Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Assam 1000 1000 7.48 09 2. Chhattisgarh 1000 1000 7.54 12 1000 1000 7.67 17 3. Gujarat* 1000 1000 7.03 06 year and 06 months 1000 1500 7.40 10 4. Himachal Pradesh 1030 1030 7.69 20 5. Jammu and Kashmir 800 800 7.68 12 6. Karnataka 2000 2000 7.31 07 year and 06 months 2000 2000 7.38 08 year and 06 months 2000 2000 100.22/7.4389 Re-issue of 7.47% Karnataka SGS 2036, issued on February 25, 2026 2000 2000 7.48 11 year and 06 months 2000 2000 7.54 13 7. Madhya Pradesh 1800 1800 7.40 09

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (₹ crore) Auction Date Settlement Date 1 91-Day 14,000 March 04, 2026 (Wednesday) March 05, 2026 (Thursday) 2 182-Day 12,000 3 364-Day 8,000 Total 34,000

Auction Results 6.48% GS 2035 I. Notified Amount 32,000 II. Competitive Bids Received (i) Number 388 (ii) Amount 81,040.000 III. Cut-off price / Yield 98.36 (YTM: 6.7134%) IV. Competitive Bids Accepted (i) Number 156 (ii) Amount 31,981.478

6.48% GS 2035 I. Notified Amount ₹32,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 98.36 / 6.7134% III. Amount accepted in the auction ₹32,000 crore IV. Devolvement on Primary Dealers NIL

In the underwriting auction conducted on February 27, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government security, the Reserve Bank of India

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹43,130 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenor (Year) Type of Auction 1. Assam 1000 - 09 Yield 2. Chhattisgarh 1000 - 12 Yield 1000 - 17 Yield 3. Gujarat 1000 500 06 year and 06 months Yield 1000 500 10 Yield

The Reserve Bank of India (RBI) has, by an order dated February 23, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Belagavi District Central Co-operative Bank Limited, Karnataka (the bank) for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Gold Loan – Bullet Repayment’ and ‘Exposure to Commercial Real Estate’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the BR Act.

Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on February 27, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under: