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    September 30, 2016
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    Reference rate: RBI's US dollar benchmark sets cross currency rupee rates and links the SDR rupee valuation.
    The document establishes the Reference Rate for the US dollar and specifies that, using that benchmark together with the middle rates of cross currency quotations, the exchange rates of the euro, pound sterling and yen against the rupee are determined, and that the SDR Rupee rate will be based on the reference rate.
    September 30, 2016
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    Issuance calendar for government dated securities sets weekly maturity-wise allocation to guide investor planning and market transparency.
    An indicative issuance calendar for Government dated securities covering October 1, 2016 to March 31, 2017 establishes weekly auction windows with stated per week target amounts and a total half year program, and allocates each weekly auction across four maturity bands (5-9 years, 10-14 years, 15-19 years, and 20 years & above) with approximate ranges for each band to promote transparency and investor planning.
    September 30, 2016
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    Treasury bill auction calendar provides scheduled issuances while permitting government/RBI flexibility to modify amounts and timing.
    The Government of India, with the Reserve Bank of India, announced a quarterly calendar of Treasury Bill auctions specifying recurring 91 day, 182 day and 364 day issuance tranches and aggregate notified amounts, while retaining flexibility to modify amounts and timing for cash management or market reasons; auctions are subject to the terms of General Notification No. F4(8)-W&M/2015, as amended.
    September 30, 2016
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    Government appointment of Executive Director: transfer and taking charge triggers tenure at a public sector bank until further orders.
    The Central Government, exercising powers under the acquisition and transfer framework and the nationalized banks management scheme, appointed Shri R. Subramania Kumar as Executive Director of Indian Overseas Bank, by transfer from his Executive Director post at Indian Bank, effective on taking over charge and continuing until a specified terminal date or until further orders, whichever is earlier.
    September 29, 2016
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    Monetary Policy Committee established to set benchmark policy rate and maintain inflation within notified tolerance bands.
    The Finance Act, 2016 amended the RBI Act to establish a statutory Monetary Policy Committee to fix the benchmark policy rate for achieving price stability with due regard to growth; the MPC must meet at least four times yearly and publish its decisions, the Government in consultation with the RBI has notified an inflation target and tolerance band, and the six member committee comprises three ex officio RBI members and three government appointed members serving four year terms.
    September 29, 2016
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    Government securities re-issue auction: electronic competitive and non-competitive bidding with reserved allocation for eligible small bidders.
    Re-issue auctions of Central Government stocks will be conducted by the Reserve Bank of India using the multiple price method, with competitive and non-competitive bids submitted electronically on the E Kuber system; non-competitive bids are subject to a reserved allocation of up to five percent under the Non-Competitive Bidding Facility. Auction results and a specified settlement date are provided, and the re-issued stocks will be eligible for "When Issued" trading under existing RBI guidelines.
    September 29, 2016
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    Reference rate for US dollar published, affecting euro, pound and yen rupee rates and SDR rupee computation.
    The Reserve Bank of India published the reference rate for the US dollar as the official daily rupee benchmark and, using that reference and cross currency middle rates, provided rupee exchange rates for the euro, pound sterling and Japanese yen; the release states the SDR Rupee rate will be based on this reference.
    September 28, 2016
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    Reference rate for US Dollar updated; cross currency rupee rates for euro, pound and yen adjusted accordingly.
    Reserve Bank of India fixed the Reference Rate for the US Dollar at Rs. 66.4482 on September 28, 2016, and, using that rate with middle cross currency quotes, published rupee exchange rates for the euro, pound sterling and Japanese yen; the release states the SDR Rupee rate will be based on the reference rate.
    September 27, 2016
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    Reference rate for US dollar sets rupee exchange benchmarks and guides cross currency rates and SDR conversion.
    The Reserve Bank published the reference rate for the US dollar and, using that rate together with middle rates of cross currency quotes, provided the exchange rates for the euro, pound sterling and yen against the rupee; the SDR-rupee rate will be based on the published reference rate.
    September 26, 2016
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    Reference exchange rate determination: RBI announces US dollar reference rate and cross-currency Rupee rates today.
    The Reserve Bank of India announces the Reference Rate for the US Dollar and, using that reference alongside cross-currency middle rates, publishes calculated exchange rates for other major currencies against the Rupee; the SDR-Rupee rate is specified to be based on the published reference rate.
    September 23, 2016
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    Reference rate for US dollar sets cross-currency exchange rates and anchors SDR rupee valuation under RBI's published framework.
    The Reserve Bank of India issues a Reference Rate for the US dollar and, using that reference together with middle cross-currency quotes, publishes exchange rates for the euro, pound sterling and yen against the rupee; the statement specifies that the SDR Rupee rate will be based on the published reference rate.
    September 23, 2016
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    Issue date change for sovereign gold bonds deferred to enable smooth application uploading and processing by banks and post offices.
    The Government deferred the issue date of the Sovereign Gold Bonds 2016-17 Series II to permit orderly uploading of a large number of subscription applications into the RBI E-Kuber system, following consultation with the Reserve Bank; all other terms and conditions of the issuance notification remain unchanged.
    September 22, 2016
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    Reference rate for US Dollar guides rupee exchange parity and derived euro, pound and yen rates.
    The Reserve Bank of India published the reference rate for the US dollar and, using that rate with cross currency middle rates, provided rupee exchange rates for the euro, pound sterling and yen; the SDR Rupee rate is to be based on the published reference rate.
    September 21, 2016
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    Reference rate for the US dollar determines exchange rates for other currencies and the SDR Rupee.
    The central bank publishes a daily reference rate for the US dollar as the primary benchmark, provides previous-day comparison data, and uses the USD reference rate together with middle rates of cross-currency quotes to derive exchange rates for euro, pound sterling and yen; the SDR Rupee rate is specified to be determined on the basis of this reference rate.
    September 20, 2016
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    Reference rate determination: RBI publishes the US dollar benchmark and derived cross currency rupee rates, setting the SDR Rupee basis.
    The Reserve Bank publishes a daily US Dollar reference rate that serves as the benchmark for rupee conversions and, together with cross currency middle rates, yields exchange rates for other currencies; the SDR Rupee rate is expressly derived from that published reference rate.
    September 20, 2016
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    Government securities auction using multiple price method with non competitive allocation and when issued trading eligibility.
    Re issue auctions of multiple Government stocks will be conducted by price based bidding using the multiple price method via the Reserve Bank's electronic bidding platform on the announced date. Electronic competitive and non competitive bids must be submitted within prescribed time windows; up to five percent of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non Competitive Bidding Facility. Auction results will be announced on the auction date and successful bidders must remit payment on the designated settlement date. The stocks are eligible for when issued trading under existing guidelines.
    September 19, 2016
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    Reference rate for US dollar published; euro, pound and yen rupee rates derived via cross currency middle rates, SDR tied.
    The Reserve Bank of India published the Reference Rate for the US dollar and, using that benchmark with cross currency middle rates, provided rupee exchange rates for euro, pound sterling and yen; the SDR Rupee rate is to be based on the published US dollar reference rate.
    September 16, 2016
    Show AI Summary
    Reference rate for US Dollar establishes official exchange benchmarks and anchors SDR rupee valuation.
    The Reserve Bank of India published a reference rate for the US Dollar which serves as the official benchmark; using that reference and middle rates of cross currency quotes, the RBI provided rupee exchange rates for the euro, pound sterling and the yen, and stated that the SDR Rupee rate will be based on the published reference rate.
    September 15, 2016
    Show AI Summary
    Reference rate for US dollar published; cross currency rupee rates for euro, pound and yen set accordingly.
    Reserve Bank of India published the reference rate for the US dollar and, based on that reference and middle rates of cross currency quotations, supplied rupee exchange rates for the euro, pound sterling and the yen; the SDR Rupee rate will be based on the published reference rate.
    September 14, 2016
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    Reference rate for US Dollar published; cross currency middle rates determine official EUR, GBP, JPY and SDR Rupee linkage.
    The Reserve Bank of India published the reference rate for the US Dollar and the preceding reference figure; those USD reference figures, combined with cross currency middle rates, are used to derive official exchange rates for the Euro, Pound Sterling and Japanese Yen against the Rupee, and the SDR Rupee rate is to be based on the published reference rate.

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