Reference rate for the US dollar establishes rupee exchange rates for major currencies and fixes the SDR rupee valuation.
The Reserve Bank of India publishes a daily reference rate for the US dollar and derives rupee exchange rates for the euro, pound sterling and yen from that benchmark using middle cross currency quotes; the SDR Rupee rate is determined on the basis of the published reference rate.

Government securities auction: price-based multiple price sale with reserved non-competitive allocation and fixed settlement date.
Price-based multiple price auctions for re-issue of four central Government stocks will be conducted electronically on the RBI E-Kuber system on the stated auction date; competitive and non-competitive bids must be submitted within specified time windows, up to five percent of each notified amount is reserved under the Non-Competitive Bidding Facility, the issuer may retain additional subscriptions subject to an overall notified ceiling, auction results and settlement date are fixed, and the stocks are eligible for when-issued trading under RBI guidelines.

Reference rate: RBI published the US dollar benchmark and updated euro, pound and yen exchange rates against the rupee.
The Reserve Bank of India published the Reference Rate for the US dollar as Rs. 64.7267 on November 6, 2017, and, using that rate with cross currency middle quotes, released updated rupee exchange rates for the euro, pound sterling and Japanese yen; the SDR Rupee rate is to be based on the published reference rate.

Sovereign Gold Bond issue price and online payment discount announced; online applicants receive per gram discount on subscription.
The Government announced reopening of Series III Sovereign Gold Bonds 2017 18 with weekly subscription windows and issuance on the Monday after each window. For November 7-9 the issue price is Rs. 2,934 per gram with settlement on November 16, 2017. A discount of Rs. 50 per gram will be allowed to investors who apply online and make payment through digital modes.

Reference rate for US dollar sets rupee exchange benchmarks for euro, pound and yen and underpins SDR rupee rate.
Reserve Bank of India publishes the Reference Rate for the US dollar as the official rupee conversion benchmark; cross currency middle rates are used to produce operative rupee rates for the euro, pound sterling and the Japanese yen, and the SDR Rupee rate is derived from that Reference Rate.

Reference rate for US dollar updated, setting corresponding EUR, GBP and JPY rupee rates and linking SDR conversion.
The Reserve Bank of India published the Reference Rate for the US dollar for November 2, 2017 and the prior day for comparison. It derived rupee exchange rates for the euro, pound sterling and Japanese yen from that USD reference rate using middle cross currency quotations, and stated that the SDR rupee rate will be based on the published reference rate.

Bank consolidation mechanism requires regulatory input, sets appraisal procedures and leads to central approval and parliamentary laying.
An Alternative Mechanism is established to consider bank proposals for in-principle approval of amalgamation schemes, may direct banks to examine consolidation options, and will receive regulatory inputs before accord of in-principle sanction. It will devise its own appraisal procedure guided by the Nationalisation Acts. Proposals cleared will be reported periodically to the Cabinet; final schemes require Central Government approval and are to be laid before both Houses of Parliament, with the Department of Financial Services providing servicing support.

Reference rate publication for the US dollar sets the benchmark for rupee cross currency rates and SDR conversion.
Publication of the Reference Rate for the US dollar establishes the operative benchmark for rupee conversions; the bank derives rupee rates for other currencies using the US dollar reference and middle cross currency rates, and states that the SDR Rupee rate will be based on this reference.

Reference Rate for US Dollar establishes the rupee benchmark and sets exchange rates for major currencies and the SDR linkage.
The Reserve Bank of India publishes a daily Reference Rate for the US Dollar which serves as the rupee benchmark; using middle cross currency quotes applied to that reference it supplies exchange rates for the Euro, Pound Sterling and Japanese Yen, and states that the SDR Rupee rate will be based on the published reference rate.

Government securities auction: re-issue of multiple bonds via price-based auctions with competitive and non-competitive bidding.
Re-issue auctions of multiple Government of India securities will be conducted by the Reserve Bank of India using the multiple price method, allowing both competitive and non-competitive bids submitted electronically via E-Kuber; up to five percent of each stock is reserved under the Non-Competitive Bidding Facility, and the securities will be eligible for "When Issued" trading under RBI guidelines.

Reference rate announcement sets US dollar-rupee benchmark; cross-currency rates and SDR rupee linkage for exchange rate computations follow.
Announcement sets the Reserve Bank of India's reference rate for the US dollar and specifies cross-currency exchange rates against the rupee derived from that benchmark and middle rates of cross-currency quotes; the SDR Rupee rate will be determined on the basis of the reference rate.

Public Finance Management System mandatory onboarding ensures real time fund tracking and direct benefit transfer monitoring to final beneficiaries.
Mandatory on boarding of the Public Finance Management System (PFMS) for all Central Sector Schemes creates a common electronic platform to track fund flows from the Central Government through implementing agencies to final beneficiaries, support Direct Benefit Transfers, provide real time visibility of resource availability and utilization, reduce paperwork and parking of funds, enable just in time releases that lower float and borrowing costs, and potentially evolve into a Government wide Integrated Financial Management System.

Reference Rate for US Dollar updated; corresponding cross-currency rupee exchange rates for euro, pound and yen published.
Reserve Bank of India published an updated reference rate for the US dollar and the prior day's comparative rate, which serves as the basis for determining rupee conversions and for publishing the euro, pound sterling and yen exchange rates; the SDR Rupee rate will be based on the published reference rate.

Reference rate update for US dollar; cross-currency rupee rates for euro, pound and yen set accordingly.
The Reserve Bank of India published the Reference Rate for the US Dollar for October 26, 2017 and the prior day, serving as the official daily benchmark for USD-INR conversions. The release also supplies rupee exchange rates for the Euro, Pound Sterling and Japanese Yen derived from the USD reference and middle cross-currency quotes, and states that the SDR-Rupee rate will be based on the RBI reference rate.

Anticipatory financial regulation: adopt data-driven, forward-looking supervision and transparent bank risk models to limit systemic risks.
Regulation and supervision must be anticipatory, data-driven and forward-looking to detect risks that migrate across sectors and borders; this requires predictable, incentive-compatible rules, greater transparency of banks' internal risk models to prevent under prediction of defaults and regulatory arbitrage, intrusive oversight and credible loss absorbing arrangements for systemically important institutions, and broader, equitable global financial safety nets so that emerging market economies do not rely solely on self insurance.

Reference rate publication: RBI's US dollar reference rate update triggers revised cross currency rupee rates.
Publication of the Reference Rate for the US dollar serves as the operative benchmark for rupee conversions; the Reserve Bank provided the US dollar reference rate for October 25, 2017 and, using that rate plus the middle rates of cross currency quotes, supplied exchange rates for the euro, pound sterling and yen. The SDR Rupee rate is stated to be based on the published reference rate.

Auction of government stocks: price-based multiple-price sale with competitive and non-competitive bidding and reserved quota.
The auctions will follow the multiple price method, administered by the central bank's designated office, with both competitive and non-competitive bids to be submitted electronically on the central bank's E-Kuber platform within prescribed time windows; up to a capped proportion of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding Facility, and payment, allotment timelines and eligibility for When Issued trading will follow the central bank's operational guidelines.

Reference rate for US dollar published, determining cross currency exchange quotations and the SDR rupee rate for official use.
The Reserve Bank published the US dollar reference rate and stated that, together with middle rates of cross currency quotes, it determines derived exchange rates for euro, pound sterling and yen against the rupee; the SDR rupee rate will be based on this published reference rate.

Sovereign Gold Bond issue price announced with discounted rate for investors applying online and paying via digital mode.
The Government announced the per gram issue price and specified that bonds will be issued on the Monday following each three day subscription period with settlement on the issuance date. A per gram discount is available to investors who apply online and pay through digital payment channels; the discount is deducted from the published issue price and applies only where both online application and digital payment conditions are met.

Reference rate for US Dollar published; prior day comparison and EUR, GBP, JPY cross currency rates updated accordingly.
Reserve Bank of India publishes the Reference Rate for the US Dollar and notes the prior day rate; using that USD reference rate and middle cross currency rates, it provides updated EUR, GBP and JPY exchange rates against the Rupee and states that the SDR Rupee rate will be based on the published reference rate.