Reference rate determination: RBI's USD reference rate sets cross currency exchange rates and SDR rupee linkage for settlement.
Reserve Bank of India publishes a Reference Rate for the US Dollar as the benchmark for market transactions and provides the prior day's rate. Using the USD reference and middle cross currency rates, the Bank computes and announces corresponding exchange rates for the Euro, Pound Sterling and Japanese Yen against the Rupee, and states that the SDR Rupee rate will be based on the reference rate.

Return of demonetised currency: provisional credits pending verification with increased counterfeit detections affecting reconciliation.
Status of return of demonetised Specified Bank Notes shows the RBI provisionally credited banks for estimated SBNs on a said to contain basis pending numerical accuracy and authenticity verification; a residual value remains unreturned. Currency-management figures suggest a small proportion of Rs. 500 and Rs. 1000 notes were outstanding in value terms. Counterfeit detection increased post-demonetisation, with higher detection rates at currency chests than at the Reserve Bank and elevated detection in the RBI's processing system, affecting reconciliation and final adjustments.

FDI approvals for single-brand retail trading permit post-facto and fresh authorisations for specified foreign retail proposals.
FDI approvals were granted for single brand retail trading: a post-facto approval for a retail entity pursuant to a regulatory direction, and a separate approval for a foreign company to carry out single brand retail trading of its branded products in India with a specified investment band.

Reference rate for US dollar published; derived exchange rates for euro, pound and yen against rupee, SDR basis.
Publication of the Reserve Bank of India's Reference Rate for the US Dollar and derived cross currency exchange quotations, with Euro, Pound Sterling and Japanese Yen rates against the Rupee obtained from the US Dollar reference and middle cross currency rates; the SDR Rupee rate is stated to be based on the published reference rate.

Reference rate publication by RBI updates dollar benchmark and informs daily cross currency and SDR rupee conversions.
The Reserve Bank of India issued the daily reference rate for the US Dollar and the prior day's rate for comparison; using that reference rate and middle cross currency quotes, the Bank derived and published rupee exchange rates for the Euro, Pound Sterling and Yen, and specified that the SDR rupee rate will be based on the published reference rate.

Government securities auction using multiple price method with reserved non competitive allocation and when issued trading eligibility.
Auctions for re issue of various Government stocks will be conducted by the Reserve Bank of India on the E Kuber platform using the multiple price method, accepting competitive and non competitive bids; up to five percent of each issue is reserved for eligible non competitive bidders under the Non Competitive Bidding Facility, with prescribed bid submission windows, announcement of auction results on the auction date, payment on the scheduled settlement date, and eligibility of the stocks for when issued trading under RBI guidelines.

Reference rate for US Dollar updated; cross currency rupee exchange rates for euro, pound and yen derived accordingly.
The Reserve Bank published an updated reference rate for the US Dollar and, using that reference rate with middle cross currency quotes, provided rupee exchange rates for the euro, British pound and Japanese yen; it further states that the SDR Rupee rate will be based on the US Dollar reference rate.

New denomination currency issuance expands lower-denomination availability and prescribes design, security, and accessibility features.
The Reserve Bank of India has authorised issuance of a new bright yellow denomination banknote in the Mahatma Gandhi (new) Series to expand lower-denomination currency in circulation. The note will be issued from select RBI offices and banks, bears the Governor's signature, and includes specified dimensions, a Sanchi Stupa motif, Mahatma Gandhi portrait, colour-changing denominational numeral, and intaglio/tactile features for the visually impaired, together with a Swachh Bharat logo and slogan.

Reference rate for US dollar establishes rupee benchmark and drives derived euro, pound and yen exchange rates.
The Reserve Bank of India issued a Reference Rate for the US Dollar on August 24, 2017, setting the official rupee benchmark and noting the prior day's rate. The Bank used that USD reference rate and middle cross currency quotes to derive exchange rates for the Euro, Pound Sterling and Japanese Yen against the Rupee, and stated that the SDR Rupee rate will be based on the published reference rate.

Ban on high-denomination notes denied; government approves new mid-denomination note with RBI deciding timing.
Government confirms there is no consideration to ban high denomination notes and no discussion to phase them out. The government has authorised the central bank to issue a new mid denomination note to ease pressure on lower value currency, and the Reserve Bank will determine the timing, printing schedule, and related operational matters for issuance.

Bank amalgamation mechanism: Cabinet approves Alternative Mechanism enabling commercial-driven consolidation of public sector banks through board-initiated proposals.
Cabinet approval establishes an Alternative Mechanism for Public Sector Bank amalgamation based on commercial considerations; board-originated proposals are placed before the AM for in-principle approval, after which banks must act in accordance with law and SEBI requirements and the final scheme will be notified by the Central Government in consultation with the Reserve Bank of India.

Reference rate for US dollar updated, determining cross-currency rupee quotations and the SDR rupee linkage.
The document records the daily reference rate for the US dollar, compares it with the previous day, and explains that euro, pound sterling and yen exchange rates against the rupee are computed from this reference using middle cross-currency rates; it further states that the SDR Rupee rate will be based on the reference rate.

Financial stability measures advanced; Council directs completion of sector assessment and pushes cyber and KYC infrastructure implementation.
The Council reviewed macrofinancial conditions noting macroeconomic stability aided by GST, Twin Balance Sheet measures, market confidence and demonetisation effects; it directed timely finalisation of the Financial Sector Assessment Program report, noted progress on CERT-Fin and the Financial Data Management Centre with instructions for time bound implementation, reviewed the FSDC Sub Committee report and follow up actions, and discussed operationalisation of the Central KYC Registry and strengthening regulation of Credit Rating Agencies.

Reference rate for US dollar updated, prompting adjusted EUR, GBP and JPY rupee exchange rates and SDR linkage.
The Reserve Bank updated the reference rate for the US dollar on August 22, 2017, noting the prior day's USD reference rate for comparison. It used that USD reference rate and middle cross-currency quotes to publish rupee exchange rates for the euro, pound sterling and the yen for August 21 and 22, 2017, and stated that the SDR-Rupee rate will be based on the announced reference rate.

Auction of government securities: re-issue offered via price-based multiple-price auction with competitive and non-competitive bids.
Announcement of re-issuance of central government securities through price-based, multiple-price auctions conducted by the Reserve Bank of India. Four stocks are offered for re-issue with specified notified amounts; both competitive and non-competitive bids are permitted under the Scheme for Non-Competitive Bidding Facility, with up to five percent of each notified amount reserved for eligible individuals and institutions. Bids must be submitted electronically on E-Kuber within prescribed time windows; auction results and payment dates are announced and the stocks are eligible for When Issued trading under RBI guidelines.

Reference rate for the US dollar set, establishing cross currency rupee rates and SDR rupee linkage for market reference.
The Reserve Bank publishes the Reference Rate for the US dollar and, using that rate together with cross currency middle rates, provides rupee exchange rates for euro, pound sterling and yen; the SDR Rupee rate will be based on the published reference rate.

Insolvency and Bankruptcy Code mandates time bound resolution and enables regulatory direction to accelerate stressed asset recovery.
The Insolvency and Bankruptcy Code provides a unified, creditor driven, time bound process to promote going concern value and compel creditors to agree viable resolution plans within prescribed timelines; complementary banking law amendments empower the central bank to direct insolvency referrals and prescribe advisory committees to address lender coordination failures, while regulatory measures-withdrawal of forbearance, asset quality review, enhanced disclosures, PCA revision, and institutional tools like a central credit repository and strengthened Joint Lenders Forum rules-seek to improve recognition, coordination and market based resolution of stressed assets.

Insolvency and Bankruptcy Code reshapes debtor creditor relations, promoting time bound single window resolution and balanced stakeholder interests.
The Insolvency and Bankruptcy Code reconfigures debtor-creditor relations, with the statute as a skeletal framework to be fleshed out by judicial interpretation; it mandates that insolvency processes avoid halting corporate functioning while ensuring debts are serviced. The Code establishes a single window, time bound resolution process aimed at promoting entrepreneurship, maximising asset value and balancing stakeholder interests, supported by coordinated roles for regulators and insolvency professionals.

Tax revenue growth may offset non tax shortfalls as GST broadened base and advance collections strengthen fiscal receipts.
Projected tax revenue growth is expected to offset weakening non-tax receipts caused by lower central bank and public sector dividends, a slow divestment programme and subdued spectrum auction proceeds. Strong advance collections, higher numbers of tax returns and a wider tax base post GST support tax side optimism, but slower inflation and downside macro risks could reduce nominal growth and revenue realisation.

Reference exchange rate determines rupee valuations and produces derived rates for major currencies and the SDR.
Publication of a central bank reference exchange rate for the US dollar establishes the benchmark rupee value used to derive other currency quotes and the SDR rupee rate. The Reserve Bank announced the US dollar reference rate and, using that rate with middle cross currency rates, published the derived rupee exchange rates for the euro, pound sterling and Japanese yen.