Reference rate for US Dollar published, determining rupee cross rates for euro, pound and yen and SDR conversion.
The Reserve Bank published the Reference Rate for the US Dollar and, using middle rates of cross currency quotes, provided resulting rupee exchange rates for the euro, pound and yen; the release also states that the SDR Rupee rate will be based on the published reference rate.

Reference rate for US dollar establishes the rupee benchmark and underpins cross currency and SDR rupee calculations.
Publication of the Reference Rate for the US dollar by the Reserve Bank sets the official rupee exchange benchmark and, using that reference with middle cross currency quotes, supplies rupee rates for the euro, pound sterling and the yen; the SDR Rupee rate is stated to be based on the published reference rate.

Reference rate publication establishes US dollar base, determines cross currency rupee rates and SDR rupee linkage.
The Reserve Bank publishes the Reference Rate for the US dollar as the official base for the reporting date; using that rate and middle cross currency quotes it computes and publishes rupee rates for euro, pound sterling and yen, and states that the SDR rupee rate will be based on the published reference rate.

Reference rate for US dollar sets rupee exchange benchmarks and informs cross currency euro, pound, and yen rates.
The Reserve Bank announced the Reference Rate for the US Dollar as the benchmark for rupee valuations, compared it with the prior day's rate, and stated that the SDR Rupee rate will be based on this reference rate; it also published rupee exchange rates for the Euro, Pound Sterling and Japanese Yen derived from the dollar reference and middle cross currency rates.

Government securities auction: price-based re-issue of multiple dated stocks with non-competitive bidding facility, electronic bids and multiple-price method.
Price-based auctions for multiple re-issued Central Government stocks will be conducted on the Reserve Bank of India's electronic platform using the multiple price method. Competitive and non-competitive bids must be submitted on E-Kuber within prescribed windows, with up to five percent of each notified amount reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding Facility. The stocks shall be eligible for when-issued trading in accordance with RBI guidelines, and allotment, result announcement, and payment follow the announced auction timetable.

Reference rate publication updates rupee benchmark for dollar and adjusts euro, pound and yen cross rates; SDR link affirmed.
Publication of the reference rate for the US dollar establishes the official rupee benchmark and provides the immediately preceding comparator. Using that reference rate and middle cross currency quotes, the release updates rupee exchange rates for the euro, pound sterling and Japanese yen, and specifies that the SDR rupee rate will be based on the published reference rate.

Reference rate for US dollar set by central bank determines cross currency rupee rates and SDR rupee valuation.
The central bank published the Reference Rate for the US dollar and, using that rate with cross currency middle quotes, supplied derived exchange rates for the euro, pound and yen against the rupee and stated that the SDR Rupee rate will be based on the published reference rate.

Revival scheme for unlicensed cooperative banks ties loan support to governance reforms and NPA reduction for licensing eligibility.
Approval for a Scheme to revive 23 unlicensed DCCBs by capital infusion from the Central Government, State Governments and NABARD, with the Centre's share provided through NABARD as an interest free loan convertible into grant upon meeting conditionalities including substantial NPA reduction, specified deposit growth, a monthly Monitorable Action Plan, appointment of Fit & Proper CEOs, and corporate governance reforms; implementation via tripartite MoUs and close monitoring by NABARD and RBI to secure licensing eligibility and meet CRAR targets.

Extension of regulatory directions continues to bind the cooperative bank; other directive terms unchanged and public display required.
The Reserve Bank of India extended the applicability of its directions on The C.K.P. Co-operative Bank Ltd., Mumbai by issuing a modified directive that continues the existing restrictions for a further specified period from the close of business on November 1, 2014, subject to review; all other terms and conditions remain unchanged and a copy of the modified directive is displayed at the bank's premises for public perusal.

Reference rate for US Dollar published as the official Rupee benchmark, with cross currency rates and SDR linkage.
The central bank publishes a daily Reference Rate for the US Dollar as the official Rupee benchmark and, using that rate with middle cross currency quotes, derives and publishes corresponding Rupee exchange rates for major currencies; the SDR Rupee rate is stated to be based on the published reference rate.

Reference exchange rate establishes rupee benchmarks for major currencies and determines the SDR rupee conversion basis.
The Reserve Bank of India published a Reference Rate for the US Dollar as the rupee conversion benchmark and, using middle rates of cross currency quotations applied to that reference, provided official rupee exchange rates for the euro, pound sterling and the Japanese yen; it also stated that the SDR Rupee rate will be based on the published Reference Rate.

Government securities auction: multiple stocks offered via price- and yield-based auctions with competitive and non-competitive bidding.
Re-issue and issue of multiple Government stocks will be auctioned on a specified date using the Multiple Price Method, with certain stocks price-based and one stock yield-based. Bids must be submitted electronically on the core banking system with defined windows for non-competitive and competitive bids. Up to five percent of each notified amount is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Auction results and a fixed payment/settlement date are announced, and the stocks are eligible for When Issued trading under existing guidelines.

Government securities auction: re-issue of long-tenure stock via price-based multiple auction with limited non-competitive retail allocation.
Re-issue auction of 8.30 per cent Government Stock, 2040 will be conducted via a price based multiple price auction on the RBI E Kuber system; interest at 8.30% accrues from the last coupon date and is paid half yearly, with repayment at par on maturity. A non competitive bidding facility reserved up to five percent of the notified amount allows eligible retail participation through banks/PDs under specified eligibility, single bid limits, consolidated electronic submission, pro rata allotment if oversubscribed, and issuance in SGL form with intermediary allocation responsibilities and limited allowable service charges.

Non-competitive bidding facility expands retail participation; reserved allotment at weighted average yield in government securities auction.
A nineteen-year Government stock will be sold by RBI via a yield-based multiple price auction with the coupon set at the auction cut-off yield and semiannual interest payments. A Non-competitive Bidding Facility reserves up to five percent of the notified amount for eligible investors who lack RBI current or SGL accounts, subject to single-bid face-value limits and submission through intermediary banks or primary dealers. Non-competitive allotment is at the weighted average yield from competitive bids, with pro rata allocation if oversubscribed, SGL issuance to intermediaries, and prescribed obligations on allocation, payment collection, transfer timing and reporting to RBI.

Government stock re-issue auction: multiple-price bidding with reserved non-competitive allotment and weighted average allocation mechanism.
Re-issue of 8.60 per cent Government Stock, 2028 will be sold by a price-based multiple price auction via RBI's E-Kuber system; payment by successful bidders is on the re-issue date and interest accrues from the original issue date, paid half-yearly. Up to 5% of the notified amount is reserved for non-competitive bids under a specified scheme: eligible investors submit single bids via banks or PDs, allotment to non-competitive bidders is at the weighted average auction yield/price, pro rata allocation applies if oversubscribed, and securities are issued in SGL/CSGL form.

Government securities auction re-issue: non competitive retail participation allotted at weighted average auction price.
The Government notifies a re-issue of a dated Government Stock to be sold by a price based multiple price auction via the Reserve Bank's electronic system, with interest accruing from original issue date and payable semi annually, and payment and settlement on the re-issue date. Up to a reserved portion is allotted under a non-competitive bidding scheme to eligible investors through banks or PDs, with allotment at the weighted average auction rate, pro rata allocation if oversubscribed, SGL/CSGL issuance, and intermediary obligations for allocation, transfer, fees, and reporting.

Reference rate publication for the US dollar; cross currency rupee rates issued and SDR rupee linkage announced.
The Reserve Bank published a reference rate for the US dollar and, using that reference together with middle rates of cross currency quotes, provided rupee exchange rates for the euro, pound sterling and the yen; the SDR rupee rate is stated to be based on the published reference rate.

Licence cancellation for insolvent cooperative bank triggers winding up and insured deposit payout under DICGC protections.
RBI cancelled the licence of The Baripada Urban Co-operative Bank Ltd. for insolvency and failed revival efforts, requested winding up and liquidator appointment, and initiated liquidation-linked insured repayment under the Deposit Insurance and Credit Guarantee Corporation subject to scheme terms. Statutory inspections had shown negative capital and reserves, negative CRAR, substantial accumulated losses, extremely high NPAs, supervisory directions were issued, and revival proposals were inadequate. Consequent to cancellation the bank is prohibited from carrying on banking business under the Act.

Reference rate for the US dollar set, shaping cross currency exchange benchmarks and the SDR rupee benchmark.
The Reserve Bank published a Reference Rate for the US Dollar and, using middle cross currency quotes, provided rupee exchange equivalents for the Euro, Pound Sterling and Japanese Yen; it also stated that the SDR Rupee rate will be based on that reference rate, establishing the reference rate as the operative benchmark for SDR denomination and daily exchange rate references.

Foreign Direct Investment liberalization in construction allows full automatic-route investment subject to project, approval and infrastructure conditions.
The policy permits 100 percent Foreign Direct Investment under the automatic route in the construction development sector subject to conditions on minimum project area, staged timing for initial and subsequent foreign investment, exit linked to project completion or a post-investment period contingent on trunk infrastructure, and case-by-case early repatriation or stake transfer. Investee companies must obtain statutory approvals, develop required internal and peripheral infrastructure, secure architect certification for floor area compliance, and conform to local building regulations; certain project types and socially oriented housing commitments qualify for specified relaxations.