Mumbai, Sept. 23 -- The Reserve Bank of India (RBI) will sell another Rs 25,000 crore of government securities on September 28 in the final leg of its Rs 1 lakh crore OMO sale programme, as the central bank continues to absorb surplus liquidity from the banking system following large foreign currency inflows, particularly through FCNR(B) deposits.

"The Reserve Bank will be conducting OMO sale auction of Government of India securities for an aggregate amount of Rs 25,000 crore on September 28, 2026," the central bank said in a press release on Wednesday.

The central bank had scheduled the bond sales in three tranches - Rs 50,000 crore on September 17 and Rs 25,000 crore each on September 21 and September 28.

Through an OMO sale, the RBI...