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December 5, 2015
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Voluntary Gold Monetization Scheme: participation is optional and aims to mobilize idle domestic gold to reduce imports.
Gold Monetization Scheme is a voluntary framework allowing individuals and institutions to deposit and monetize idle domestic gold; there is no governmental compulsion to seize gold from charitable, religious, or other bodies. The Scheme aims to mobilize idle gold to meet domestic demand, reduce gold imports, conserve foreign exchange and assist in addressing the Current Account Deficit, with participation dependent on holders' voluntary choice.
December 5, 2015
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Restoration of banking services: banks must ensure prompt service resumption, mobile ATMs, and extended hours for access.
The Department of Financial Services instructed banks to restore operations in flood-affected areas promptly, replenish ATM cash, provide round-the-clock ATM and related services, deploy mobile ATMs and PoS via Bank Mitras on boats or other means, keep branches open on Sundays, and extend business hours to ensure uninterrupted access to banking services.
December 4, 2015
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Reference rate for the US dollar establishes the rupee benchmark and determines cross currency and SDR rupee valuations.
Publication of the Reference Rate for the US Dollar sets the official rupee-dollar benchmark and, using middle cross-currency rates, provides rupee exchange rates for the Euro, Pound and Yen; the SDR Rupee rate is stated to be derived from this Reference Rate.
December 3, 2015
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Reference rate for the US dollar published, with derived euro, pound and yen rupee rates and SDR linkage.
The Reserve Bank of India publishes the Reference Rate for the US dollar and, using that reference rate together with the middle rates of cross-currency quotes, derives and publishes rupee exchange rates for the euro, pound sterling and yen; the SDR Rupee rate will be based on the announced reference rate.
December 2, 2015
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FDI policy limits govern sectoral entry and inflows, with sectoral caps and conditions shaping investment flows.
Foreign direct investment is permitted in various sectors subject to differing percentage limits and prescribed conditions under the Consolidated FDI Policy Circular of 2015, which is the authoritative source for entry routes and conditionalities. Sector-wise FDI equity inflow figures for 2014-15 and April-September 2015 are reported regionally by Reserve Bank offices and aggregated to national totals, and government measures aiming at simplifying rules and applying information technology to improve ease of doing business are noted.
December 2, 2015
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Reference exchange rate published by RBI sets base for currency conversions and determines cross currency rates.
The Reserve Bank of India published a reference rate for the US Dollar with the prior day's reference for comparison and, using that dollar reference together with middle cross currency quotations, provided exchange rates for the euro, pound sterling and Japanese yen against the rupee; the release states the SDR Rupee rate will be based on the published reference rate.
December 1, 2015
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Reference Rate for US Dollar sets benchmark for derived exchange rates and SDR Rupee calculation upon publication
The Reserve Bank of India published the reference rate for the US Dollar as an official benchmark and provided the prior day's figure; using that reference rate and middle rates of cross currency quotes it reported corresponding exchange rates for the Euro, Pound Sterling and Japanese Yen, and stated that the SDR Rupee rate will be based on the published reference rate.
December 1, 2015
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Monetary policy: repo rate 6.75% unchanged, CRR 4% retained, ongoing liquidity operations continue and inflation path monitored.
The Reserve Bank held the policy repo rate at 6.75% and the cash reserve ratio at 4.0%, maintaining reverse repo, MSF and Bank Rate levels; it will continue targeted liquidity provision through overnight, 14-day and longer-term repos and daily variable-rate operations. The Bank noted weak global demand, mixed domestic signals with rising CPI inflation and a moderate agricultural outlook, and stated a cautiously accommodative stance while advancing transmission reforms and monitoring inflation, commodity prices and external developments.
November 30, 2015
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Government securities auction: re issue conducted by central bank with reserved non competitive allotment and when issued trading eligibility.
Re issue auctions announced for four Government Stock series by the central bank on the notified date, conducted by multiple price, price based auction. Up to 5% of each notified amount is reserved under the Scheme for Non Competitive Bidding. Bids must be submitted electronically on the central bank's E Kuber system within prescribed non competitive and competitive time windows. Auction results and payment/settlement dates are specified. The Stocks are eligible for When Issued trading pursuant to central bank guidelines.
November 30, 2015
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Reference rate for US dollar establishes exchange benchmarks and determines the SDR rupee valuation for subsequent currency rates.
The Reserve Bank of India published the reference rate for the US dollar and, using that rate with middle cross currency quotes, provided exchange rates for the euro, pound and yen against the rupee; it also stated that the SDR rupee rate will be based on the published reference rate.
November 27, 2015
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Official Development Assistance loan facilitates funding for Chennai and Ahmedabad metro projects, enabling bilateral infrastructure cooperation.
Exchange of Notes records Japan's commitment of Official Development Assistance loans in yen to finance the Chennai Metro Rail Project (IV) and the Ahmedabad Metro Project, specifies the yen amounts with rupee equivalents, identifies the officials who exchanged the Notes, and states the rupee yen exchange rate.
November 27, 2015
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Reference rate for US dollar updated, guiding cross currency rupee quotations and determining the SDR rupee linkage.
Publication announces the Reserve Bank's update of the Reference Rate for the US Dollar and states that that reference rate, together with middle rates of cross currency quotes, is used to derive exchange rates of other currencies against the rupee and to determine the SDR Rupee rate.
November 27, 2015
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Monetary Policy Review scheduled for announcement by press release on December 1 at 11:00 a.m.
The Reserve Bank will issue its Fifth Bi-monthly Monetary Policy Review for 2015-16 by press release, scheduled to be transmitted publicly at the stated hour; the press release constitutes the formal mechanism for disclosing the Bank's monetary policy stance and any operative policy measures announced with that Review.
November 26, 2015
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Reference rate for the US Dollar sets rupee exchange rates for major currencies and determines the SDR Rupee valuation.
The Reserve Bank of India published the daily reference rate for the US Dollar and, using that reference rate with cross-currency middle rates, provided derived exchange rates for the Euro, Pound Sterling and Japanese Yen; the SDR-Rupee rate will be based on the published reference rate.
November 24, 2015
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Reference rate determination sets the benchmark exchange rates and underpins SDR rupee conversion and cross currency valuations.
The Reserve Bank published the Reference Rate for the US dollar and, using that benchmark with cross currency middle quotes, derived and reported rupee exchange rates for the euro, pound and yen; the SDR Rupee rate is expressly based on the published reference rate, making the reference rate the operative conversion basis for SDR valuation in rupee terms.
November 23, 2015
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Government securities auction: price-based multiple-price sale with reserved non-competitive allotments and electronic bidding timetable.
Announcement of a price-based multiple-price re-issue auction of five government stocks conducted by the Reserve Bank's Mumbai office with specified notified amounts. Up to 5% of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically on the Reserve Bank's E-Kuber system within prescribed time windows; the release prescribes auction result and payment dates and confirms eligibility for When Issued trading under central bank guidelines.
November 23, 2015
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Reference rate for US Dollar set by RBI, with derived rupee exchange rates for euro, pound and yen.
Reserve Bank of India published the Reference Rate for the US Dollar and, based on that rate and middle cross currency quotes, provided exchange rates of the Euro, Pound Sterling and Japanese Yen against the rupee; the release further specifies that the SDR Rupee rate will be based on the announced reference rate.
November 20, 2015
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Reference rate for US dollar published; derived exchange rates set EUR, GBP, JPY and SDR Rupee valuations.
The Reserve Bank published the reference rate for the US dollar and, using middle cross currency quotes, provided exchange rates for the euro, pound sterling and Japanese yen against the Rupee; it also specified that the SDR Rupee rate will be based on the published reference rate.
November 19, 2015
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Reference rate for US dollar set; impacts cross-currency rupee rates and determines SDR rupee valuation in release.
Publication of the Reference Rate for the US dollar establishes the base rupee quotation used to derive other currency rates; using the dollar reference and middle cross currency quotes the release provides rupee exchange rates for the euro, pound and yen, and specifies that the SDR Rupee rate will be based on this reference rate.
November 18, 2015
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Reference Rate for US dollar published, informing rupee exchange benchmarks and cross currency rate calculations.
The Reserve Bank of India published the daily Reference Rate for the US dollar and derived rupee exchange rates for euro, pound sterling and yen based on that reference and middle cross currency quotations; it also states the SDR Rupee rate will be based on the published reference rate.

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