RBI sets underwriting commission cut-off for 7.06% GS 2041 and 7.43% GS 2076 auction

The Reserve Bank of India conducted an underwriting auction for government securities, setting cut-off commission rates for primary dealers. The 7.06% GS 2041 saw a cut-off of 0.43 paise per ₹100, while the 7.43% GS 2076 had a cut-off of 0.43 paise per ₹100 (implied). This is a routine operational update, indicating stable demand and no significant market stress.