Treasury bill auction schedule revised; government retains flexibility to modify notified amounts and timing with market notice.
The revised auction calendar specifies weekly Treasury Bill auctions for the remaining part of Quarter 4 of 2021-22 across 91 day, 182 day and 364 day tenors with notified issuance amounts, and states that auctions will be conducted under the standard auction terms. The Government of India, in consultation with the Reserve Bank of India, retains flexibility to modify the notified amount and timing of auctions for cash management and market reasons after giving due notice, and the calendar is subject to change with such changes announced by press release.

Sovereign Gold Bond pricing: online applicants paying digitally receive a per gram discount from the issue price.
Announcement sets the Sovereign Gold Bond issue price per gram as published by the issuing authority for the subscription period and states that a per gram discount will apply where investors both apply online and make payment through digital mode, reducing the effective issue price for those eligible digital subscribers.

Account Aggregator Framework urged to expand digital lending and seamless credit flow for small borrowers nationwide.
The Finance leadership urged adoption of the Account Aggregator Framework to enable seamless credit flow and promote digital lending, directing replication of Account Aggregator and cashflow-based lending pilots across regions. Emphasis was placed on widening digital banking and payments, opening Jan Dhan accounts for unbanked adults, ensuring insurance and pension coverage, and leveraging budget-linked opportunities alongside measures such as subordinated debt for MSMEs and the enhanced Emergency Credit Line Guarantee Scheme to support stepped-up lending.

Government securities auction opens with re-issues using uniform and multiple price methods; non competitive bids allowed and when issued trading permitted.
Re-issue auctions are announced for three Central Government securities with specified maturities and notified amounts to be sold using the uniform price method for two issues and the multiple price method for one, with a government option to retain additional subscriptions. Up to five percent of each issue is reserved under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically through the designated bid submission system within prescribed time windows; auction results and payment/settlement dates are pre-announced. Securities will be eligible for When Issued trading under existing guidelines.

Open ecosystem drives fintech interoperability and financial inclusion through Account Aggregator adoption and digital public infrastructure.
The document emphasizes promotion of an OPEN ecosystem-publicly funded interoperable platforms like UPI and the Account Aggregator network-to enable private entrepreneurs and developers to build composable financial services that advance financial inclusion across Tier 2 and Tier 3 markets. It highlights market-development measures encouraging solution-oriented start-ups, embedded finance via APIs, and platform-led expansion, and stresses governance and access measures to onboard underserved users and women entrepreneurs while leveraging digital public infrastructure for scale.

Cancellation of securities auction: government cancels scheduled dated securities auction after cash position review with central bank.
Cancellation of scheduled auction of Government of India dated securities: the Government cancelled the auction of all dated securities scheduled for February 18, 2022 following a review of its cash position and in consultation with the Reserve Bank of India, suspending issuance under the published issuance calendar.

Liquidity support and market reforms extend targeted facilities, expand foreign debt investment route, and strengthen payment and IT governance.
The statement extends on tap term liquidity windows for emergency health services and contact intensive sectors, raises the investment limit for the Voluntary Retention Route, finalises updated Credit Default Swap Directions, permits banks to transact in offshore foreign currency settled OIS markets, increases e RUPI voucher caps and reusability, raises the NACH mandate limit for TReDS settlements, and proposes two draft Directions on IT Outsourcing and IT governance for stakeholder consultation.

PMMY target shortfall acknowledged; scheme provides institutional credit to micro and small enterprises with expanded digital delivery measures.
Pradhan Mantri Mudra Yojana (PMMY) experienced a target shortfall in FY 2020-21 attributed to the pandemic; the scheme channels institutional credit via over 150 Member Lending Institutions that set State wise targets, and cumulative loan sanctions since April 2015 are reported on the Mudra portal. Government measures to enhance implementation include online application portals, digital lending by some public banks, publicity, simplified forms, nomination of Mudra Nodal Officers, and periodic monitoring, while banks remain bound by RBI customer confidentiality obligations.

Cancellation of government dated securities auction announced, scheduled auction cancelled following cash position review with central bank.
Cancellation of the scheduled auction of Government of India dated securities following review of the government's cash position and consultation with the Reserve Bank of India, withdrawing the auction listed in the issuance calendar for dated securities for the second half of the financial year.

Non-performing assets decline linked to expanded credit access and early-warning measures to curb loan stress in banks.
GNPAs of scheduled commercial banks declined per RBI data, with Public Sector Banks' share of SCB GNPAs falling and Private Sector Banks' share rising. Government and RBI initiatives expanded credit access through financial inclusion measures, targeted lending schemes, priority sector classification for certain NBFC on lending, and interest subvention for crop loans. Early detection and prevention of NPAs are promoted via third party data in due diligence, classification as Special Mention Accounts, automated Early Warning Systems, incentive-linked repayment mechanisms, and reporting of repayment behaviour to credit information companies.

FDI policy liberalisation expands automatic-route access, enabling sectoral reforms to attract and simplify foreign investments.
The Government maintains a liberal and transparent FDI policy with most sectors open under the automatic route, undertakes periodic reviews and recent reforms in sectors such as coal mining, contract manufacturing, digital media, single brand retail, civil aviation, defence, insurance and telecom to liberalise and simplify entry conditions and enhance Ease of Doing Business; detailed sector-wise equity inflow data for April-November 2021 identifies concentrated investments in computer software & hardware, automobile industry, services, education, trading and construction activities.