Financial inclusion: household-targeted universal bank accounts with digital access and bundled insurance under national programme.
The Pradhan Mantri Jan-Dhan Yojana targets household level financial inclusion by providing each household a Basic Banking Account with a RuPay debit card and bundled insurance, expanding universal access to banking via branches and fixed-point Business Correspondents, and enabling digital access through an NPCI platform for basic mobile banking. Implementation is mission-mode under ministerial leadership, with organized account opening camps, financial literacy in vernacular languages, Direct Benefit Transfer expansion, conditional overdraft facilities for Aadhaar enabled accounts, and a subsequent phase to deliver micro insurance and unorganised sector pensions through Business Correspondents.

Reference exchange rates updated: central bank publishes revised US dollar and euro reference rates with derived pound and yen quotes.
The central bank published the Reference Rate for the US dollar and the Euro for August 28, 2014, noted small day to day changes, provided pound sterling and Japanese yen quotes derived from the dollar reference via cross currency mid rates, and stated that the SDR rupee rate will be based on the reference rate.

FDI in railway infrastructure permitted via automatic route; proposals exceeding prescribed equity in sensitive areas require security review.
The policy amends the Consolidated FDI Policy to permit private and foreign investment in specified railway infrastructure activities-including suburban corridor projects via PPP, high speed trains, dedicated freight lines, rolling stock manufacturing and maintenance, electrification, signaling, freight and passenger terminals, industrial park rail connectivity and mass rapid transport systems-on the automatic route subject to Ministry of Railways sectoral guidelines; proposals involving equity beyond prescribed thresholds in security sensitive areas will be referred to the Cabinet Committee on Security for case by case consideration.

Financial inclusion: national banking access programme establishing basic accounts, BC network and mobile banking nationwide.
The Pradhan Mantri Jan Dhan Yojana establishes a national program to achieve financial inclusion by providing universal access to basic banking accounts with an overdraft facility and RuPay cards, expanding service delivery through branches and Business Correspondents (including Gram Dak Sewaks), enabling mobile banking on basic phones (USSD), mapping rural Sub Service Areas for at least one fixed-point outlet per SSA, and channeling government payments into beneficiary accounts to promote account usage.

Reference Rate publication sets daily rupee benchmarks for major currencies, informing cross currency conversions and SDR linkage.
Publication of the Reference Rate establishes the Reserve Bank's daily rupee benchmarks for the US dollar and the euro, compares them with the prior day's rates, and directs that derived rates for other currencies be calculated using the dollar reference and middle rates of cross currency quotes; the SDR Rupee rate is to be based on the published reference rate.

Financial inclusion: universal household banking with basic accounts, RuPay debit cards, literacy and phased expansion to insurance and pensions.
Pradhan Mantri Jan Dhan Yojana establishes a national mission to achieve universal access to banking by targeting households, creating Basic Banking Accounts with RuPay debit cards and inbuilt accident insurance, and permitting a conditional overdraft for Aadhaar enabled accounts after satisfactory operation. The Mission prioritizes vernacular financial literacy, expansion of Direct Benefit Transfer via bank accounts, inclusion of RuPay Kisan Credit Cards, and phases further rollout to include micro insurance and unorganised sector pension schemes delivered through Business Correspondents, with digital inclusion and centralized monitoring under the Mission head.

Reference rate publication sets official exchange rates for US dollar, euro, pound and yen against the rupee.
Publication of reference rates establishes the Reserve Bank of India's official exchange rates for the business day, stating the Reference Rate for the US dollar and the euro, providing prior-day comparisons, deriving pound sterling and yen equivalents from cross-currency middle rates, and specifying that the SDR-rupee rate will be based on the published reference rate.

Reference exchange rates: rupee valuations for US dollar and euro updated; GBP and JPY rates derived from cross currency quotes.
The Reserve Bank of India published reference exchange rates for the rupee against the US dollar and the euro with preceding-day comparators, and, using the US dollar reference rate and middle cross currency quotes, derived rupee rates for the pound sterling and the Japanese yen; the SDR Rupee rate will be based on the announced reference rate.

Reference rate announcements affect currency benchmarks and determine cross-currency rates and SDR Rupee calculations for settlement purposes.
The Reserve Bank of India published official Reference Rates for the US dollar and the Euro, noting their movement from the prior day. Using the US dollar reference and middle cross-currency quotes, the Bank provided derived exchange rates for the British pound and the Japanese yen, and stated that the SDR Rupee rate will be based on the published reference rate.

Reference exchange rates: RBI updates USD and Euro benchmarks, with derived GBP and JPY rupee quotes and SDR conversion.
Announcement of the Reserve Bank of India's daily reference rates for the US dollar and Euro with prior day comparisons; derived GBP and JPY rupee exchange quotes are provided using the USD reference and cross currency middle rates. The release states the SDR Rupee rate will be based on the published reference rate, serving as the official benchmark for foreign exchange reference and conversions.

Cancellation of NBFC registration bars entity from carrying on non banking financial business under RBI regulatory provisions.
Cancellation of the certificate of registration of M/s Alchemist Holdings Ltd. by the Reserve Bank of India revoked the company's ability to operate as an NBFC; the press release cites the registration identifier, registered office, and date of cancellation and records that the company cannot transact the business of a non banking financial institution.

Reference exchange rate publication establishes rupee rates for major currencies and designates the basis for SDR rupee conversion.
Publication of reference exchange rates: the Reserve Bank of India announces rupee Reference Rates for the US dollar and euro with prior day comparisons; derived cross rates for other currencies are computed from the US dollar Reference Rate and middle cross currency rates; the SDR Rupee rate is based on the published Reference Rate.

Currency issuance: new banknote featuring the rupee symbol and inset letter introduced; existing notes remain legal tender.
Reserve Bank will issue a new banknote in the specified denomination incorporating the rupee symbol and an inset letter 'R' as part of the Mahatma Gandhi Series-2005; the notes will bear the Governor's signature and year of printing, follow the earlier design, and previously issued banknotes of the same denomination will continue to be legal tender.

Reference Rate updates: central bank publishes exchange benchmarks for major currencies, guiding cross currency conversions and SDR linkage.
The Reserve Bank of India published central Reference Rates for the US dollar and the euro and noted prior-day levels for comparison. It used the US dollar reference and middle cross currency quotes to derive pound sterling and yen rates against the rupee, and stated that the SDR Rupee conversion will be based on the published reference rate.

Treasury bill auction schedule revised; government retains flexibility to modify amounts and timing under notification terms.
Revision of the Treasury Bill auction calendar for the remainder of Q2 2014-15 specifies weekly auction dates and the supply composition by tenor. The Government of India, in consultation with the Reserve Bank of India, retains discretion to modify notified amounts and timing based on cash management needs, market conditions and other factors; changes will be announced by press release. Auctions are subject to the terms of the applicable General Notification governing Treasury Bill issuance, as amended.

Free ATM Transactions policy adjusted in metros, with transparency and customer alerts for chargeable withdrawals.
Reserve Bank revises ATM usage and pricing: mandated free withdrawals at other bank ATMs in specified metropolitan centres are reduced for ordinary savings accounts while exempting no frills/Basic Savings Bank Deposit Account holders and transactions outside those metros; banks may offer better terms. Banks must provide a floor of free transactions at their own ATMs, may levy clearly disclosed charges beyond that floor (subject to an upper cap), and must notify customers of ATM metro/non metro status, potential charges and the number of free transactions already availed.

Reference Rate sets Rupee exchange benchmarks for major currencies, with derived GBP and JPY rates and SDR basis.
The Reserve Bank of India published daily Reference Rates establishing Rupee benchmarks for the US dollar and the Euro on August 14, 2014, and noted the preceding day's levels. Based on the US dollar reference rate and cross currency middle rates, the Bank supplied derived Rupee rates for the British Pound and Japanese Yen. The release further states the SDR Rupee rate will be based on the published reference rate, providing authoritative exchange benchmarks for valuation, settlement and conversion in foreign exchange operations.

Reference rate publication: central bank issues daily USD and Euro benchmarks and cross currency derived GBP and JPY rates.
Publication of daily Reference Rates for the US dollar and the Euro by the central bank, including prior day comparisons, and provision that exchange rates for other currencies (e.g., pound and yen) are derived from the US dollar reference rate using middle cross currency quotes; the SDR Rupee rate is specified to be based on the reference rate.

Board-approved loan recovery policy mandated to strengthen early distress detection and enable restructuring or statutory recovery measures.
Banks are subject to Section 45E of the RBI Act confidentiality obligations while the Reserve Bank mandates a Board approved loan recovery policy, information sharing and monitoring to detect borrower distress, prompt restructuring of viable accounts, and recourse to recovery mechanisms such as the SARFAESI Act, Debt Recovery Tribunals and Lok Adalats to improve asset quality and reduce NPAs.

Reference rate publication: RBI's daily foreign exchange reference rates affect cross currency conversions and SDR Rupee valuation.
The Reserve Bank of India issued daily Reference Rate benchmarks for the US dollar and the Euro, noted prior day comparators, and, using the dollar reference and cross currency middle rates, provided derived exchange rates for other currencies. The notice further instructs that the SDR Rupee rate will be based on the published reference rate.