Bank of Maharashtra sold government securities worth ₹500 crore to the Reserve Bank of India during the Open Market Operation (OMO) purchase auctions conducted in December, as per CEO and MD, Nidhu Saxena told Moneycontrol. The sale was part of the central bank’s ongoing liquidity management operations.
The transaction was confirmed by the bank’s managing director and chief executive officer, Nidhu Saxena, on January 13, 2026. He said the bank had taken part in the recent OMO purchase auctions and sold government securities of around ₹500 crore to the RBI.
The RBI carried out three OMO purchase auctions in December to inject liquidity into the banking system. Each auction was for ₹50,000 crore and was conducted on December 12, December 18 and December 29, 2025. In total, ₹1.50 lakh crore was infused through these auctions, as per RBI data.
Following these operations, system liquidity remained in surplus. RBI data showed that the banking system had surplus liquidity of about ₹16,411.34 crore as of January 12, 2026. The central bank had reviewed liquidity and financial conditions before announcing the December measures.
On December 23, the RBI announced further steps to manage liquidity. These included additional OMO purchases of government securities and a USD/INR buy-sell swap auction. The measures were for having sufficient liquidity in the system over the coming months.
The RBI has also announced plans to conduct OMO purchase auctions worth ₹2 lakh crore. These will be held in four tranches of ₹50,000 crore each. The scheduled dates are December 29, 2025, January 5, 2026, January 12, 2026, and January 22, 2026.
Despite participating in the OMO auctions, Bank of Maharashtra reported a treasury loss of ₹143 crore in the third quarter of FY26. This compares with a treasury income of ₹120 crore in the previous quarter and ₹50 crore in the same quarter last year.
Read More: Bank of Maharashtra Q3 FY26 Earnings Results: NII Up by 16.1% and PAT Rises 26.51% YoY!
As of January 14, 2026, 9:36 am, Bank of Maharashtra share price was trading at ₹65.46, a 0.63% increase from the previous closing price.
The sale of government securities by Bank of Maharashtra formed part of the RBI’s OMO purchases carried out in December. These purchases were among the measures announced by the central bank to manage system liquidity.
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Published on: Jan 14, 2026, 11:42 AM IST
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