Centralized GPF Module expands online GPF account mapping and access, enabling electronic advances and streamlined pension processing.
The Centralized GPF Module in PFMS will map GPF accounts to unique employee IDs, provide online GPF balances and enable electronic applications for advances and withdrawals to streamline accounting and balance transfers. The ePPO module integrates BHAVISHYA and PARAS with PFMS for end to end electronic pension case processing, reducing delays and errors of manual workflows.

Central government receipts and tax devolution disclosed, with expenditure composition and key revenue outlays detailed.
Monthly consolidated account up to January 2018 reports Union Government receipts composed of Tax Revenue (Net to Centre), Non-Tax Revenue, and Non-Debt Capital Receipts (loan recoveries and PSU disinvestment); records transfers to States as devolution of share of taxes and an increase over the prior year period; and details total expenditure split into Revenue and Capital accounts with major Revenue Expenditure items identified as Interest Payments and Major Subsidies.

Reference rate for US dollar updated; euro, pound and yen rupee rates set and SDR rupee basis confirmed.
The Reserve Bank of India published an updated Reference Rate for the US dollar, compared it with the prior day's rate, and, using that Reference Rate and middle cross currency quotes, set and published rupee exchange rates for the euro, pound sterling and yen; the release further states the SDR Rupee rate will be based on the published reference rate.

Reference Rate for US Dollar established, with cross-currency rupee rates and SDR rupee linkage published for market reference.
The Reserve Bank set and published the Reference Rate for the US Dollar, noting its change from the prior day, and used that benchmark with cross currency middle rates to publish rupee exchange rates for the euro, pound sterling and the Japanese yen. The release specifies that the SDR Rupee rate will be based on the published USD reference rate, thereby linking SDR conversion to the stated benchmark for market reference.

Agriculture credit target mobilizes banking investment and fintech to boost farmer incomes and rural capital formation.
An 11 lakh crore agriculture credit flow target for 2018-19 is presented as achievable and intended to support doubling farmers' income; banks are directed to prioritise priority sector lending to agriculture, invest in long term agricultural assets to improve capital formation, and adopt financial technology to enhance rural finance efficiency. Administrative measures stress financial inclusion, targeted outreach to underserved regions, operationalisation of budgeted sectoral funds including support for a rural housing scheme and a Micro Irrigation Fund, and accelerated formation of Farmer Producer Organisations to improve access to credit and services.

Reference rate published for the US dollar: cross-currency rupee rates set and SDR-rupee established in relation to it.
Publication of a Reference Rate for the US dollar and, based on that reference and cross-currency middle rates, corresponding rupee exchange rates for the euro, pound sterling and the yen were provided; the SDR Rupee rate is stated to be based on the published reference rate.

Reference rate for US Dollar updated, triggering recalculation of euro, pound and yen exchange rates and SDR rupee linkage.
The central bank publishes an updated reference rate for the US Dollar as the daily benchmark and notes its movement from the previous day. Using that US Dollar reference rate and the middle rates of cross currency quotes, the bank derives exchange rates for the euro, pound sterling and yen against the rupee, and specifies that the SDR Rupee rate will be based on the published reference rate.

Reference rate publication determines official exchange rates and underpins SDR Rupee calculation and cross currency quotes mechanism.
The Reserve Bank of India publishes an official reference rate for the US dollar and, using middle rates of cross currency quotes, derives rupee exchange rates for EUR, GBP and JPY. The press release states that the SDR Rupee rate will be based on the reference rate, identifying the reference rate as the basis for official exchange rate benchmarks and their dissemination.

Special investigation team sought for alleged bank fraud, with deportation and loan-reform measures requested.
Petitions request an independent probe via a special investigation team, deportation proceedings against alleged perpetrators, inquiry into top bank management, and systemic reforms including loan disbursal guidelines, an experts' body for bad debts, rules for prompt loan recovery by attachment and auction, and measures to fasten liability on bank employees who sanctioned loans on deficient documentation.

Reference rate for US dollar updated; derived exchange rates for euro, pound and yen and SDR Rupee linkage.
The Reserve Bank of India published the Reference Rate for the US Dollar for February 21, 2018 and the prior day's figure; using that Reference Rate and middle cross-currency rates, it reported corresponding exchange rates for the Euro, Pound Sterling and Japanese Yen, and stated that the SDR Rupee rate will be based on the reference rate.

Reference rate for US dollar updated; cross currency exchange rates and SDR rupee linkage follow that reference.
The release publishes an updated Reference Rate for the US dollar and the prior reference for comparison, and, using that rate and cross currency middle rates, provides corresponding exchange rates for the euro, pound sterling and Japanese yen; it further states the SDR Rupee rate will be based on the published reference rate.

Operational risk from employee misconduct prompts supervisory assessment and potential regulatory action by regulator.
Operational risk due to employee delinquency and internal control failure is the core issue; the regulator denied directing the bank to meet other banks' obligations under Letter of Undertaking (LOU) arrangements and has undertaken a supervisory assessment of the bank's control systems with a statement that appropriate supervisory action will follow.

Reference rate for US Dollar published, determining cross currency exchange rates for euro, pound and yen against rupee.
The Reserve Bank of India published the reference rate for the US Dollar for 16 February 2018 and the prior day, and, using the US Dollar reference rate and middle cross currency quotes, provided corresponding exchange rates for the Euro, Pound Sterling and Japanese Yen against the Rupee; the SDR Rupee rate is stated to be based on the reference rate.

Private placement consent: shareholder special resolution required with enhanced disclosures and procedural safeguards for securities offers.
A company must obtain a special resolution for each private placement offer and provide detailed disclosures in the explanatory statement and private placement offer cum application (Form PAS 4), including valuation and price justification, amount to be raised, use of proceeds, promoters' contribution, risk factors, defaults, litigation, regulatory inquiries, and nodal officer details. Offers are capped by the per security allottees limit with exclusions for qualified institutional buyers and employees; recordkeeping in Form PAS 5, allotment filing in Form PAS 3, and payment from subscriber bank accounts are mandated.

Reference rate for US dollar updated; corresponding cross-currency rupee rates for euro, pound and yen adjusted.
The Reserve Bank of India published a reference rate for the US dollar on February 15, 2018, and provided the previous day's rate for comparison. The release uses that US dollar reference rate and middle cross-currency quotes to set rupee exchange rates for the euro, pound sterling and Japanese yen, and states that the SDR Rupee rate will be based on the reference rate.

Reference Rate published for the US Dollar establishing rupee exchange rates and basis for the SDR Rupee conversion.
The Reserve Bank of India published the Reference Rate for the US Dollar and derived rupee exchange rates for the Euro, Pound Sterling and Japanese Yen based on that reference and middle rates of cross currency quotes, and stated that the SDR Rupee rate will be calculated from the published reference rate.

Reference rate for US dollar set, adjusting EUR/GBP/JPY rupee exchange rates and forming SDR Rupee basis.
The Reserve Bank of India published the reference rate for the US dollar, compared it with the preceding reference rate, and provided rupee exchange rates for the euro, pound sterling and the Japanese yen derived from the US dollar reference and cross currency middle rates; it further states that the SDR Rupee rate will be based on the RBI reference rate.

Policy rate decision: MPC maintains policy rate as government notes growth acceleration and inflation convergence.
MPC updated inflation and real GDP growth projections, projecting growth acceleration in 2018-19 and inflation converging to target in the second half of the next fiscal year; the Government welcomed this assessment and noted the MPC's decision to maintain the Policy Rate.

Reference rate published by RBI sets US dollar and cross currency rupee rates and governs the SDR Rupee conversion.
The Reserve Bank of India released the daily rupee reference rate for the US dollar with prior day comparison and published derived middle rates for EUR, GBP and JPY; the release states that the SDR Rupee rate will be based on the published reference rate.

Reference rate publication updates derived exchange rates for major currencies and sets SDR rupee basis today.
The Reserve Bank of India published the Reference Rate for the US Dollar and, using cross currency middle rates, provided corresponding rupee rates for the euro, pound sterling and Japanese yen; the SDR Rupee rate will be based on this published reference rate.