Budget receipts and expenditure: consolidated fiscal flows, state devolution and major revenue outlays highlighted for monitoring.
Monthly fiscal accounts for August 2019 report consolidated Union Government receipts composed of tax revenue (net to Centre), non tax revenue, and non debt capital receipts (loan recoveries and disinvestment), and record transfers to States as devolution of share of taxes. Expenditure is presented as totals split into revenue and capital spending, with notable revenue components being interest payments and major subsidies, enabling monitoring of cash flows and fiscal position against budget estimates.

Treasury bill auction calendar sets scheduled issuances and preserves government flexibility to modify timing and amounts.
The document publishes the auction calendar for Government of India Treasury Bills for the quarter ending December 2019, specifying scheduled auction dates and notified issuance amounts by tenor (91 day, 182 day, 364 day) and aggregate totals. The Government, in consultation with the Reserve Bank of India, retains flexibility to modify amounts and timing depending on requirements and market conditions, with changes communicated by press release, and auctions conducted under the terms of the referenced General Notification.

Compliance function: embed board led, preventive compliance and independent resourcing to reduce regulatory and reputational risk.
Regulatory emphasis requires banks to embed a robust compliance function within corporate governance, beginning with tone at the top and board oversight; ensure senior management accountability, clear role demarcation across business units and assurance functions, preventive and forward looking compliance activities, continuous communication, incentive alignment, and a well resourced, independent compliance unit with direct board access subject to periodic review. Cybersecurity risks to confidentiality, availability and integrity must be prioritised within compliance frameworks.

Auction of government securities: re-issue via price-based multiple-price auction with non-competitive bids and electronic submission required.
Re-issue auctions for four central government stocks will be conducted by the Reserve Bank of India through price-based, multiple-price auctions with specified notified nominal amounts and an option to retain additional subscriptions within an overall limit. Both competitive and non-competitive bids must be submitted electronically on the E-Kuber system within prescribed time windows; up to a capped share of each notified amount is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Stocks will be eligible for "When Issued" trading under RBI guidelines.

Credit support and transmission measures improve bank lending access, NBFC tie-ups and repo-linked loans to boost affordable credit.
Finance Minister reviewed implementation of measures to support credit flow, noting strengthened disbursements to MSMEs, housing, NBFCs/HFCs, pool buy-outs and proposals under the Partial Credit Guarantee Scheme. Banks have adopted co-origination tie-ups with NBFCs, implemented weighted average rate cuts, and introduced repo-rate-linked loan products to improve transmission. Customer-facing reforms include online loan-tracking and mandated release of security documents post-closure, while OTS transparency and CVC-endorsed Internal Advisory Committees aim to streamline resolution and protect bona fide commercial decisions. Boards of banks have given in-principle approval to amalgamation proposals with commitments to maintain business continuity and employee protections.

Government securities re-issue auction: price-based, multiple-price method with non-competitive facility and central bank electronic bidding.
Auction announcement for re-issuance of multiple central government securities with notified nominal amounts, a collective notified limit and an option for the issuer to retain additional subscriptions. Sales will be by price-based auction using the multiple price method, with a portion of each notified amount reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility.

On-tap licensing of Small Finance Banks: draft guidelines released, public consultation invited with submission deadline and contact instructions.
Draft guidelines have been issued for on tap licensing of Small Finance Banks in the private sector, creating a continuous licensing route with specified application procedures and licensing criteria. Stakeholders and the public are invited to submit comments and suggestions to the Chief General Manager, Department of Banking Regulation, Reserve Bank of India, at the Central Office address or by email; a submission deadline and contact instructions are provided in the release.

Fixed income market development requires stronger liquidity measures, risk management reforms and wider market access to deepen participation.
The address sets out market-development priorities to deepen the fixed income market by promoting a wider product range, transparency, genuine liquidity and robust risk management; recommends targeted market-making, securities lending and interoperable depositories, consolidation of government debt, calibrated widening of non-resident investor access, reforms to margin and collateral treatment toward global standards, phased LEI implementation for large borrowers, and enhancements to payment market infrastructures and settlement timings.

Advance Pricing Agreements strengthen non-adversarial transfer pricing framework, enhancing certainty for cross-border transactions across multiple industry sectors.
The Central Board of Direct Taxes has executed multiple Advance Pricing Agreements, both bilateral and unilateral, covering specified international transactions-such as contract manufacturing, software and back office services, royalties, trading, intra group services and financing-across diverse industry sectors, using APAs to pre determine transfer pricing methodologies and promote a non adversarial, transparent framework that reduces disputes and provides tax certainty for cross border operations.

Government capital infusion enables IDBI Bank turnaround via recap bonds, supporting cleanup and exit from supervisory restrictions.
Cabinet approved a one time government capital infusion into IDBI Bank via a cash neutral recap bond arrangement-Government infuses capital and the bank buys the recap bond the same day-to complete legacy asset remediation, strengthen capital, enable resumption of normal lending and profitability, and facilitate eventual recovery of the investment while helping the bank exit the Prompt Corrective Action framework and raise further capital.