Withdrawal of legal tender: temporary cash withdrawal limits imposed on bank account over the counter withdrawals, with specified exemptions.
Withdrawal of Legal Tender of specified high-denomination banknotes imposed temporary cash withdrawal limits on over the counter bank account withdrawals, subject to a daily ceiling and an overall weekly ceiling until review. Exemptions to these limits include interbank cash transfers, Post Office transactions, money changers at international airports, and White Label ATM operators. Currency Chest branches must accommodate cash supply requests from nearby branches. Deposits of the specified banknotes into all deposit and loan accounts are permitted, subject to CTR/STR reporting obligations.

Reference rate for foreign exchange: RBI's US dollar reference rate updates major currency exchange rates and SDR linkage.
The Reserve Bank published the reference rate for the US dollar, identifying the daily Rupee benchmark and the prior day's rate. Using that US dollar reference rate and the middle rates of cross currency quotes, the Bank provided corresponding Rupee exchange rates for the Euro, Pound Sterling and Japanese Yen, and stated that the SDR-Rupee rate will be based on the reference rate.

Payment systems availability: RTGS, NEFT, cheque clearing and money markets to operate on weekend; banks must facilitate.
The Reserve Bank directs that payment systems including RTGS, NEFT, cheque clearing, repo, CBLO and call markets shall remain operational on the specified weekend, and instructs participant banks to facilitate routine operations for customers and publicize availability of these services as on regular working days.

Banking operations to remain open over weekend, branches must provide full public transaction services as directed.
Banks are directed to keep branches open for public transactions on Saturday, November 12 and Sunday, November 13, 2016; the instruction applies to all categories of banks, which must treat those days as regular working days and transact all business, and banks are advised to publicize availability of services.

Reference rate for US dollar updated, with corresponding euro, pound and yen exchange rates recalculated against the rupee.
The Reserve Bank of India published the updated reference rate for the US dollar, noted the prior day's reference rate, and provided rupee exchange rates for the euro, British pound and Japanese yen derived from the reference rate and middle cross currency quotes; the SDR Rupee rate is stated to be based on that reference rate.

Issuance of redesigned banknote with altered size, colour, security features and accessibility enhancements announced for circulation.
Issuance of a redesigned banknote in the Mahatma Gandhi (New) Series with the Governor's signature, year of printing and a logo on the reverse; the note differs from the earlier series in colour, size and security feature placement and includes tactile and visual elements to assist visually impaired persons.

Withdrawal of legal tender: banks must facilitate exchange and deposit of demonetised notes under specified procedures and limits.
Withdrawal of legal tender for specified high-denomination notes required banks to prioritise exchange/deposit services through branches until 30 December 2016, recall the notes from ATMs and service providers, suspend issuance, reconfigure cash machines, provide public information, equip counters for counterfeit detection, and submit returns and daily reports to Reserve Bank offices while observing procedural conditions for exchanges, KYC-linked deposit limits, third-party credits on authorisation, Business Correspondent limits, and temporary cash withdrawal and ATM dispensing ceilings.

Reference rate for US dollar establishes cross-currency rupee rates and determines SDR rupee valuation under RBI's exchange framework.
The Reserve Bank of India published the reference rate for the US dollar and, using that USD benchmark and middle rates of cross-currency quotes, provided the rupee exchange rates for the euro, pound sterling and the yen; it also stated that the SDR rupee rate will be based on the reference rate.

Auction of Government Stocks: price based sale with competitive and non competitive bidding, E Kuber submission and settlement rules.
Announcement of sale of central Government securities by price based auction using the multiple price method, to be conducted by the Reserve Bank of India in Mumbai with electronic bid submission on the E Kuber platform. Both competitive and non competitive bids are allowed; up to five percent of the notified amount will be allotted under the Scheme for Non Competitive Bidding Facility. Auction results will be announced on the auction date and payment by successful bidders on the scheduled settlement date. The stocks are eligible for When Issued trading per RBI guidelines.

Private sector investment must expand to boost growth; banks should support corporates to revive domestic demand.
Private sector expansion is necessary to accelerate economic growth and requires substantial new domestic investment; banks must support corporates through credit and recovery mechanisms to enable such investment. Public and foreign capital are currently sustaining the economy, but liberalisation of foreign investment policies and recent upticks in consumer demand are insufficient without a significant rise in domestic private investment.

Government securities repurchase via reverse auction using a multiple-price, electronic bidding process for early redemption.
Repurchase of central Government securities will be effected through a reverse auction to allow premature redemption of specified government stocks using surplus cash balances. The mechanism is a price-based auction conducted by the multiple price method, with bids submitted electronically through the Reserve Bank of India's E-Kuber system during the prescribed bidding window and results announced the same day. The programme is described as ad hoc and applies to the listed securities with stated maturities.

Reference rate for US dollar establishes exchange benchmarks and determines SDR rupee valuation for subsequent cross currency rates.
Publication establishes the Reference Rate for the US Dollar and, using cross currency middle quotes, derives rupee exchange benchmarks for euro, pound sterling and yen; it specifies that the SDR Rupee rate will be based on the announced reference rate.

Reference exchange rate published for US dollar, with cross-currency derived rupee rates and SDR linkage.
The central bank published a Reference Rate for the US dollar of Rs. 66.6942 on November 3, 2016 (previous day Rs. 66.8294); using that USD Reference Rate and middle cross-currency quotations, it set rupee exchange rates for the euro, pound sterling and Japanese yen, and stated that the SDR-Rupee rate will be based on the Reference Rate.

Government securities auction: multiple-price sale with electronic competitive and non-competitive bidding and reserved allotment facility.
Announcement of price-based auction of government securities conducted by multiple price method with electronic submission of competitive and non-competitive bids, a reserved allotment up to five percent under the Non-Competitive Bidding Facility for eligible individuals and institutions, specified submission windows for each bid type, post-auction result announcement and payment/settlement timing, and eligibility of the stocks for When Issued trading under central bank guidelines.

Reference rate for the US dollar published; cross currency exchange rates issued and SDR rupee linkage confirmed.
The Reserve Bank of India published a Reference Rate for the US dollar and, using that rate with middle cross-currency quotes, provided exchange rates for the euro, pound sterling and Japanese yen against the rupee; the SDR-Rupee rate will be based on the Reference Rate.

Reference rate publication for the US dollar sets the benchmark and determines cross currency and SDR rupee conversions.
Publication of the Reserve Bank of India's reference rate for the US dollar on October 28, 2016 set the official benchmark and, using that rate with middle cross currency quotes, produced corresponding euro, pound sterling and yen exchange rates against the rupee; the SDR Rupee conversion rate is to be based on the published reference rate.

Reference rate determination for foreign exchange: RBI sets US dollar reference rate and derives cross currency and SDR rupee rates accordingly.
The Reserve Bank of India issued the reference rate for the US Dollar on October 27, 2016, and uses that USD reference rate together with middle rates of cross currency quotes to compute and publish exchange rates for other currencies against the Rupee; the SDR Rupee rate is derived from the published reference rate.

Reference rate published for US dollar, prompting calculated exchange rates for euro, pound and yen against rupee.
The Reserve Bank of India announced the daily Reference Rate for the US dollar and the prior day's figure. Using that reference and cross currency middle rates, the Bank published corresponding rupee exchange rates for the euro, pound sterling and yen, and stated that the SDR Rupee rate will be based on the published reference.

Payment system regulation preserves bank anchored settlement while enabling non bank innovation under safety and authentication safeguards.
The Reserve Bank has guided a transition from cheque based clearing to a diversified electronic retail payments ecosystem-incorporating MICR/CTS cheque automation, bulk payment platforms (ECS/NACH), funds transfer rails (NEFT/IMPS/RTGS), card security enhancements, Aadhaar enabled disbursements (APBS/AEPS) and interoperable mobile solutions such as UPI-while permitting non bank front end participation under ring fencing and retaining bank primacy for deposit and settlement functions, alongside regulatory emphasis on authentication, cyber security and customer protection.

Reference Rate publication sets benchmark exchange rates and directs that the SDR Rupee rate be based on that reference.
Publication of the Reserve Bank of India Reference Rate for the US dollar and derived cross-currency exchange rates for the euro, pound sterling and the Japanese yen, with the release noting the prior day's reference rate for comparison and stating that the SDR Rupee rate will be based on the declared reference rate as the benchmark for SDR conversions.