Reference rate for US Dollar updated, with cross-currency rupee rates and SDR rupee linkage published for market reference.
Reference rate for the US Dollar is published as the official Rupee equivalent and, using middle rates of cross-currency quotes, provides corresponding Rupee exchange rates for the Euro, Pound Sterling and Japanese Yen; the SDR Rupee rate is specified to be based on that reference rate.

Payment system excellence: prioritize availability, security, consumer redressal and interoperability to sustain digital payments adoption.
India's retail payment framework requires operational excellence across six attributes-AVAILABILITY, EFFICIENCY, CONVENIENCE, SAFETY, SECURITY, and ADAPTABILITY-with practical measures including onboarding of regional banks onto electronic platforms, rigorous security and risk management, consumer education and effective digital grievance redressal, product consolidation and interoperability, and forward looking initiatives such as fraud data sharing, analytics, regulatory sandboxes, and standards for mobile and IoT payments.

Reference rate for US dollar determines cross-currency exchange rates and anchors the SDR rupee rate for valuation.
Reserve Bank of India publishes a reference rate for the US dollar which, together with middle rates of cross-currency quotes, is used to derive and publish exchange rates for the euro, pound sterling and Japanese yen against the rupee; the SDR Rupee rate is expressly based on that US dollar reference rate.

Monetary policy meeting scheduled; committee to issue second bi monthly resolution published on the official website at stated time.
Monetary Policy Committee meeting convened for the Second Bi monthly Monetary Policy Statement for 2018 19 on June 4-6, 2018, with the operative direction that the MPC resolution will be published on the official website at 2:30 pm on June 6, 2018.

Reference rate anchors rupee exchange rates and underpins SDR Rupee conversion and cross currency quotations publication.
The notice establishes the US dollar reference rate on the stated date and records that the SDR Rupee rate will be based on that reference. It also provides derived rupee exchange rates for the euro, pound sterling and the yen calculated from the dollar reference rate and middle cross currency quotations, with a comparison to the prior day's values.

Auction of government securities: price-based multiple-price auction with non-competitive allocation and issuer retention option.
Price-based multiple-price auction of several Government of India securities will be conducted electronically on the Reserve Bank's E Kuber system, with the issuer able to retain additional subscriptions within a stated cap. A reserved share of the notified amount is allotted under the Non-Competitive Bidding Facility to eligible individuals and institutions. Competitive and non-competitive bids must be submitted in prescribed electronic time windows; auction results and payment/settlement follow on specified dates. The stocks are eligible for When Issued trading under existing RBI guidelines.

Exchange rate reference: RBI publishes US dollar reference and derived euro, pound, yen and SDR rupee rates.
The release establishes the reference rate for the US Dollar and records the prior day's rate for comparison, and, using that USD reference and cross currency middle rates, sets out the derived exchange rates for the Euro, British Pound and Japanese Yen against the rupee. It further specifies that the SDR Rupee rate will be based on the published reference rate and is issued by the named official as an official exchange rate publication.

Reference rate for US dollar set by central bank guides cross currency exchange rates and determines SDR Rupee rate.
The Reserve Bank of India publishes a daily Reference Rate for the US Dollar which, together with market middle rates of cross currency quotes, is used to derive exchange rates for other major currencies and to determine the SDR Rupee rate.

Reference rate determination for the US dollar governs cross-currency rupee rates and SDR rupee valuation adjustments.
The Reserve Bank of India set the Reference Rate for the US dollar on May 24, 2018, provided the prior-day comparison, and published derived rupee exchange rates for the euro, pound sterling and Japanese yen based on cross-currency middle rates; the SDR Rupee rate will be based on the stated reference rate.

Reference rate determination for the US dollar; derived exchange rates and SDR Rupee linkage follow from that official fixing.
The Reserve Bank of India published the daily Reference Rate for the US Dollar and, using that rate with middle cross currency quotes, derived and published exchange rates for the euro, pound sterling and Japanese yen against the rupee; it also specified that the SDR Rupee rate will be based on the Reference Rate.

Reference rate for US Dollar sets Rupee exchange rates for major currencies and governs the SDR Rupee basis.
The Reserve Bank of India published the reference rate for the US Dollar and, using that rate with middle cross currency quotes, provided corresponding Rupee exchange rates for the Euro, Pound Sterling and Japanese Yen; it also stated that the SDR Rupee rate will be based on the published reference rate.

Government securities auction announced: re-issue of dated stocks via multiple-price method with non-competitive allocation and e-bidding.
Re-issue auctions for four Government Stock issues are announced with specified notified nominal amounts and an aggregate notified amount limit, with a discretionary option to retain additional subscriptions. Auctions will be conducted using the multiple price method by the Reserve Bank of India on the stated date. Up to 5% of each notified amount is reserved for eligible bidders under the Scheme for Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically via the E-Kuber system within prescribed time windows; results and payment dates are set; stocks are eligible for When Issued trading per RBI guidelines.

Reference rate for US dollar published; euro, pound and yen rupee rates plus SDR linkage updated.
The Reserve Bank of India published its Reference Rate for the US dollar, which serves as the official rupee conversion benchmark; using that rate together with middle cross currency quotes the RBI provided rupee exchange rates for the euro, pound sterling and Japanese yen and specified that the SDR Rupee rate will be based on the published reference rate.

Competition Law 2.0: CAG to deliver Annual Day lecture outlining forward-looking themes for competition law reform.
The Annual Day Lecture series convenes distinguished speakers to address competition policy and regulatory governance. On 20 May 2018 the Comptroller and Auditor General will deliver the Annual Day Lecture on Competition Law 2.0: Way Forward, focusing on forward-looking reform themes for competition law and guidance for future policy direction.

Reference rate for US dollar published; corresponding euro, pound and yen exchange rates for the rupee updated accordingly.
Publication of the Reference Rate for the US dollar establishes the base exchange rate for the rupee and serves as the operational benchmark for calculating other currency conversions. On the basis of the US dollar reference rate and prevailing middle rates of cross currency quotations, the rupee exchange rates for the euro, pound sterling and Japanese yen are computed and published, and the SDR rupee rate is specified to be derived from that published reference rate.

Reference rate for US dollar declared; determines exchange rates for euro, pound and yen against rupee.
Declaration of the Reference Rate for the US dollar by the Reserve Bank and the corresponding rupee exchange rates for euro, pound sterling and yen derived from that reference; the SDR Rupee rate will be based on the announced reference rate.

Reference rate for US Dollar announced, forming the basis for deriving euro, pound, yen and SDR rupee exchange rates.
The Reserve Bank of India announced a reference rate for the US Dollar and instructed that rupee exchange rates for the euro, pound sterling and Japanese yen be derived using middle rates of cross currency quotes; the SDR Rupee rate will be based on the published reference rate.

Reference exchange rate for US dollar published; cross currency conversions for EUR, GBP and JPY and SDR rupee basis specified.
Reserve Bank reference exchange rate for the US dollar is announced for May 15, 2018, and, using that reference and middle cross currency quotes, corresponding rupee rates for the euro, pound sterling and the Japanese yen are specified; the SDR rupee rate is to be based on the published reference rate.

Reference rate publication: RBI's reference rate for US dollar established, with derived rupee rates for major currencies and SDR basis.
The Reserve Bank of India published the Reference Rate for the US dollar and, using that rate with middle cross-currency quotes, provided rupee exchange rates for the euro, pound sterling and yen for the referenced dates; the release specifies that the SDR Rupee rate will be based on the published reference rate.

Reference Rate publishes the US Dollar benchmark; other currency and SDR Rupee conversions follow from that rate.
The Reserve Bank of India publishes a daily Reference Rate for the US Dollar that serves as the benchmark for deriving other rupee exchange rates. Using the USD reference rate together with middle rates of cross currency quotations, the Bank provides exchange rates for the euro, pound sterling and yen, and states that the SDR Rupee rate will be based on the published USD reference rate.