Government securities auction re-issue: price-based and multiple-price methods with non-competitive allotment and E-Kuber bidding windows.
Re-issue auctions for four government securities will be conducted using uniform price auctions for three securities and a multiple price auction for one, with the government able to retain additional subscription up to a specified amount per security. Up to five percent of each notified amount is reserved for eligible bidders under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically on the Reserve Bank of India's E-Kuber system within prescribed time windows; auction results, payment and settlement schedules are specified and the securities are eligible for When Issued trading under RBI guidelines.

Onshoring Indian innovation to IFSC: align tax and regulatory regimes to incentivize holding company setups and redomiciliation.
The committee recommends aligning tax and regulatory regimes within GIFT IFSC with international best practices to incentivize holding company structures, facilitate reverse-flipping and commercial redomiciliation, and remove push-pull barriers so startups, fintechs and venture-backed firms establish global presence in GIFT IFSC; it also proposes coordinated stakeholder actions and implementation measures to develop an International Innovation Hub and strengthen the jurisdiction's appeal as a global fintech centre.

Central bank mandate: balancing price stability and financial stability while enabling digital payments and resilient markets.
The Reserve Bank's mandate centres on price stability, adequate credit flow and financial stability, supported by regulatory and supervisory powers, lender of last resort functions, currency and payments management, and measures such as flexible inflation targeting. The RBI has strengthened supervisory architecture with data analytics, an Early Warning Framework, SupTech and skill development for supervisors, while deepening markets, maintaining external stability and piloting innovations including a central bank digital currency and cross border payment linkages.

Government securities auction: re issue of three securities via uniform and multiple price methods with non competitive allocation and E Kuber bidding.
Re issue auctions announced for three government securities to be conducted by the central bank using uniform price and multiple price methods, with an option to retain additional subscription. Up to five percent of each notified amount is reserved for eligible non competitive bidders. Bids must be submitted electronically on the central bank's E Kuber system within prescribed time windows for non competitive and competitive bids. Auction results will be announced on the auction date and payment settled on a designated subsequent date. The securities are eligible for When Issued trading under the central bank's guidelines.

Financial inclusion via basic bank accounts expands access and directs benefit transfers while offering zero balance accounts.
The national financial inclusion initiative Pradhan Mantri Jan Dhan Yojana has achieved widespread account penetration, with a majority of accounts held by women and concentrated in rural and semi urban areas. The scheme mobilises deposits, issues free RuPay debit cards with accident insurance, and enables direct benefit transfers; its core features-zero minimum balance, card issuance, DBT interoperability, and an overdraft facility-are the principal mechanisms advancing financial inclusion.

Global Public Goods: advocate public private financing, debt data sharing, and stronger multilateral support for resilient recovery.
Financing global public goods requires public private engagement with public trigger financing and risk sharing to mobilise private and international capital; Digital Public Infrastructure like UPI can scale cross border public goods. Debt vulnerabilities demand realistic Debt Sustainability Analysis based on comprehensive debt data or interim proxies, a targeted multilateral debt relief programme using instruments like debt for development swaps and green debt relief, and stronger IMF capacity and governance to provide timely, non stigmatised support. Green transition financing needs globally comparable disclosure, clear taxonomy, improved green ratings, and regulatory reinforcement to increase flows to emerging markets.

Public procurement digitalisation expands government marketplace, increasing buyer-seller participation and enhancing transparent, inclusive procurement processes.
GeM consolidates product and services sourcing into a large-scale online marketplace that broadens procurement channels for central and state buyers, Panchayats, cooperatives and public sector entities, enables large-value procurements, supports supplier inclusion for Micro and Small Enterprises, and advances transparency and efficiency through standardised online bidding and catalogue mechanisms leading to government cost savings.

Auction of government securities: mixed pricing methods, non-competitive allocation and electronic bidding with scheduled settlement procedures.
The Government of India announced auctions for multiple Government Securities to be conducted by the Reserve Bank of India using uniform price and multiple price methods, with an option to retain additional subscriptions. A portion of each issue is reserved for eligible bidders under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically via the RBI E-Kuber system within prescribed windows. Auction results, payment timings for successful bidders, and eligibility for When Issued trading will follow RBI guidelines.

Regional Rural Banks urged to boost digitalisation and CASA while scaling flagship central schemes and MSME outreach.
RRBs of the Southern region were directed to prioritise saturation of Central Government flagship schemes and improve CASA Ratio, asset-quality metrics and physical outreach by coordinating with sponsor banks, the RBI and state authorities. They must adopt Core Banking and Loan Management Systems in a time-bound manner, increase digitally active customers, and have sponsor banks map RRBs to MSME clusters while leveraging the Account Aggregator Framework for lending to allied agricultural sectors.

Board authority in public sector banks governs commercial decisions, enabling deposit and advance growth through strategic digital measures.
Growth in deposits and advances at public sector banks improved, and general superintendence, direction and management of PSBs vests in each bank's Board under the applicable Acts. PSBs have implemented measures including analytics driven product innovation, digital onboarding (Video KYC/digital KYC), strategic deposit retention and CASA acquisition, expanded mobile and internet banking, analytics based credit offers and digital loan initiation, comprehensive automated Early Warning Systems with multiple triggers and third party data, predictive NPA models, and use of Open API, AI, blockchain and analytics.

Government securities auction re-issue: uniform and multiple-price sales with non-competitive bidding and electronic submission announced.
Sale by auction of four re issued central Government securities is announced: three to be sold under the uniform price method and one under the multiple price method; the Government may accept additional subscriptions up to a stated cap for each security; up to five percent of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non Competitive Bidding Facility; bids must be submitted electronically via the Reserve Bank's E Kuber system within prescribed time windows; securities are eligible for when issued trading per RBI guidelines.

Financial inclusion: universal basic savings accounts expand banking access and debit card services for unbanked households nationwide.
The scheme provides universal zero balance Basic Savings Bank Deposit accounts to unbanked adults, supported by near universal banking outlet coverage through branches, business correspondents and post bank outlets; it includes an overdraft facility at the prescribed limit and issuance of a RuPay debit card with built in accidental insurance, with scheme uptake and card issuance reported at large scale as of 12 July 2023.

Banking outlet expansion allows banks to open outlets nationwide while prioritising placement in unbanked rural centres.
Revised guidance defines Banking Outlet to include brick and mortar branches and Business Correspondent outlets, allowing banks to extend services in remote rural areas. Domestic scheduled commercial banks (except regional rural banks) have been accorded general permission to open outlets nationwide without prior RBI approval for each case, provided a portion of new outlets annually are placed in unbanked rural centres. Expansion into uncovered areas is coordinated by State/UT Level Bankers' Committees and banks assess proposals against RBI instructions, business plans and commercial viability.

UPI access for foreign visitors enabled for in country payments, with NRI account linking and targeted airport merchant acceptance.
Access to Unified Payments Interface has been authorised for foreign nationals and non-resident Indians visiting India, permitting them to use UPI for payments while physically present in the country. The RBI amended its Prepaid Payment Instrument framework to enable this facilitation, including provisions for NRIs to obtain UPI access linked to NRE/NRO accounts with international mobile numbers, and a targeted rollout for travellers from selected countries at designated international airports for merchant payments.

Digital payment growth outpaces cheque usage, prompting RBI awareness and adoption initiatives nationwide to increase safe usage.
Digital payments volume rose substantially in FY2021-22 and FY2022-23 while cheque volumes showed only modest growth; cheque payments continue to be governed by the Negotiable Instruments Act. To promote digital adoption and safe use, RBI operates e-BAAT training programmes on payment products, fraud mitigation and grievance redressal, observes an annual Digital Payments Awareness Week, launched Mission 'Har Payment Digital', initiated '75 Digital Villages' with Payment System Operators, and conducts multimedia public campaigns emphasising customer safety and convenience.