Mumbai, Sept. 21 -- The Reserve Bank of India (RBI) on Monday sold Rs 25,000 crore of government securities through an Open Market Operation (OMO), as the central bank continues to absorb surplus liquidity from the banking system following large foreign currency inflows, including through Foreign Currency Non-Resident (Bank) deposits.

The OMO sale received bids worth Rs 84,982 crore, more than three times the Rs 25,000 crore notified amount, with the RBI accepting the full amount offered.

According to the RBI's detailed OMO auction results, the "Aggregate Amount (Face value) notified by RBI" was Rs 25,000 crore, while the "Total amount bid (Face value) by participants" stood at Rs 84,982 crore. The "Total amount accepted (Face value) by...