The Reserve Bank of India on Saturday said it would offer competitive bidders Rs 1 billion of 14-day Treasury bills at its auction on Friday. The auction's successful bidders must make payment on February 5. The issue may be expanded to meet demand from non-competitive bidders. Bids may be submitted to the RBI up to 1430 local time (0900 GMT) Friday and the central bank will detail the results later the same day. Bureau Report