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MUMBAI: The Reserve Bank of India has announced the auction of 91-day T-Bills to raise Rs 2,000 crore. Of this, Rs 500 crore will be auctioned under the regular auction calendar, while Rs 1,500 crore will be auctioned under the market stabilisation scheme.

The auction will be conducted using the multiple price auction method. Tenders should be submitted on March 9 by 12.30 p.m. The results will be announced the same evening.

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