Basic Savings Bank Deposit accounts guarantee free minimum services and no minimum balance, with deposit and withdrawal rights.
Accounts opened under the scheme are classified as Basic Savings Bank Deposit (BSBD) accounts. Banks must provide specified minimum banking facilities to BSBD holders free of charge and without any requirement of minimum balance, including cash deposits at branches and ATMs/CDMs, electronic credits and government cheque collections, unrestricted monthly deposits, at least four monthly withdrawals including ATM use, and issuance of an ATM or ATM cum debit card.

Government securities auction rules: price-based multiple-price auction with competitive and non-competitive bids and allocation limits.
Announcement of a re-issue auction of multiple central government securities by the Government of India using a price-based, multiple price method; the Government may retain additional subscriptions and a fixed percentage of each issue is reserved for eligible investors under the Non-Competitive Bidding Facility. Bids must be submitted electronically via the Reserve Bank's E-Kuber system within prescribed time windows for non-competitive and competitive bids; results are announced on the auction day, payment follows, and the securities are eligible for When Issued trading under Reserve Bank guidelines.

Government Security Auction: re-issue of two dated securities via price-based multiple-price auction with non-competitive facility.
The Government announced re-issue auctions of two dated Government Securities via the Reserve Bank of India using the multiple price method, with an option to retain additional subscriptions. Up to five percent of each notified amount is reserved for eligible bidders under the Non-Competitive Bidding Facility. Bids must be submitted electronically on the RBI E-Kuber system within prescribed windows, results will be declared on auction day, settlement will follow on the scheduled payment date, and the securities are eligible for When Issued trading under RBI guidelines.

Accommodative monetary stance maintained to support durable economic recovery while ensuring inflation converges to target.
The MPC kept the policy repo rate unchanged and decided to continue an accommodative stance to revive growth while ensuring CPI inflation converges to the medium term target of 4 per cent within a +/-2 per cent band; this decision reflects assessments of a softened global recovery, domestic GDP contraction with nascent revival, moderating food inflation but elevated core inflation, large systemic liquidity, and risks from commodity and petroleum price pressures, and it endorses supply side measures alongside continued policy support until recovery is durable.

FDI increase in insurance sector encourages long-term capital inflows, competition, consolidation, and more affordable consumer products.
Amendment to the Insurance Act, 1938 raises the permissible foreign direct investment limit in insurance companies while imposing safeguards: majority resident Indian directors, at least 50% Independent Directors, and mandated profit retention as general reserve, to allow greater foreign ownership and strategic participation alongside protections for domestic governance.

Seed funding for startups enables proof of concept to commercialization through incubators, expanding access under a national scheme.
A national seed funding scheme funds proof of concept, prototype development, product trials, market entry and commercialization for eligible startups via accredited incubators, with a multi year corpus phased over the scheme period. Complementary Atmanirbhar measures address liquidity through loan moratoriums, deferment of interest, recalibration of working capital drawing power, and supervisory review; and provide MSME support via subordinate debt, equity infusion, revised MSME thresholds, procurement preferences, production linked incentives, and temporary EPF contribution reliefs.

Decriminalisation of LLP compliance breaches shifts minor violations to administrative adjudication, easing compliance and funding options.
Proposed decriminalisation under the Limited Liability Partnership Act shifts minor, non malicious compoundable offences to an In house Adjudication Mechanism, retains criminal treatment for serious fraudulent or public interest harms, and includes complementary measures: creation of a Small LLP category with reduced compliance, permission for LLPs to raise capital through fully secured Non Convertible Debentures from regulated investors, and reduction of additional late filing fees to promote timely compliance.

Committee of Creditors duties: workshop promotes diligent discharge and balanced stakeholder consideration in insolvency processes.
The workshop focused on the role, duties and expectations of the Committee of Creditors under the Insolvency and Bankruptcy Code, 2016, aiming to strengthen its capacity to discharge statutory duties with care and diligence, to generate and select competing resolution plans, and to balance the interests of all stakeholders in the corporate insolvency resolution process.

Sovereign Gold Bond issue pricing: online applicants paying digitally receive a specified per gram discount during the subscription period.
Sovereign Gold Bond Series XI sets the issue price per gram for the February 1-5 subscription with settlement on February 9; investors who apply online and pay through digital mode receive a fixed per gram discount from the published issue price, applicable only during the subscription window and subject to the scheme's payment and application conditions.

Government receipts and expenditure composition showing tax, non tax, capital receipts and devolutions to states.
Consolidated monthly accounts report the Union Government's receipts by Tax Revenue, Non-Tax Revenue and Non-Debt Capital Receipts, and record transfers made as Devolution of Share of Taxes to states. The statement also discloses total expenditure divided into Revenue and Capital accounts, with major Revenue Expenditure items identified as Interest Payments and Major Subsidies, enabling assessment of fiscal composition between recurrent obligations and capital outlays.

V-shaped recovery supported by vaccination and calibrated fiscal-monetary measures restoring consumption and investment momentum.
The Economic Survey 2020-21 presents a V-shaped recovery supported by a mega vaccination drive, rebound in services, and revival in consumption and investment. It attributes stabilization to a calibrated policy mix under a four-pillar strategy of containment, fiscal support, financial measures and structural reforms, with targeted relief, liquidity provisioning, and instruments like credit guarantees and food subsidies cushioning vulnerabilities while preserving fiscal and external resilience.

Monetary policy transmission improved after repo rate cuts, easing deposit and lending rates and supporting liquidity conditions.
Monetary policy transmission strengthened after a cumulative repo rate reduction of 115 basis points and surplus systemic liquidity, producing declines in weighted average lending and deposit rates. Scheduled commercial banks saw GNPA ratio decline and an increase in capital to risk weighted assets ratio, while pandemic relief measures affected asset classification. IBC recoveries historically exceed forty five per cent though CIRP initiation was suspended during the pandemic. Credit growth slowed amid a lower money multiplier caused by large bank deposits with the central bank under reverse repo, despite elevated reserve money.

Services sector recovery signals rebound in activity, boosted by stronger FDI, regulatory reforms and improved trade efficiency.
Key service-sector indicators show a pronounced V-shaped recovery after lockdown-induced contraction, with rebound in Services PMI, passenger and freight traffic, port traffic, foreign tourist arrivals and foreign exchange. FDI into services grew strongly led by computer software and hardware, while services represent a large share of national GVA, FDI and exports. The Survey highlights regulatory and policy reforms supporting IT BPM, e commerce consumer protection, expanded e visa access boosting tourism, improved port turnaround times, and reforms to attract private investment in the space sector, alongside a resilient start-up ecosystem.

Competition approval for acquisition of minority stakes in a life insurer permits Axis entities to increase shareholding and distribution presence.
The Competition Commission granted approval for Axis Bank to raise its stake in Max Life Insurance to approximately 9.9%, and for Axis Capital and Axis Securities to acquire around 2% and 1% respectively, noting the parties' respective businesses in banking, investment banking, broking and life insurance; a detailed CCI order will follow.

Merger control: CCI approves acquisition of an NBFC's loan assets by alternative asset management entities, subject to order.
Approval under Section 31(1) of the Competition Act was granted for the acquisition of Altico Capital India Ltd's loan assets by entities associated with Ares SSG, comprising an AIF scheme (ISSS II), a Category I FPI (IOV) and an RBI-registered ARC (ACRE), reflecting merger control oversight of a transfer of NBFC loan assets to alternative investment and asset reconstruction vehicles; a detailed CCI order will follow.

Government securities re-issue auction uses price-based multiple-price method with competitive/non-competitive bidding via E-Kuber portal.
Sale by re issue of four central government securities through price based auctions using the multiple price method, with issuer option to retain additional subscriptions, electronic bidding via the central bank core banking system, prescribed competitive and non competitive bid submission windows, up to 5% reserved for eligible individuals and institutions under the Non Competitive Bidding Facility, fixed auction result and settlement dates, and eligibility for when issued trading under central bank guidelines.

Merger control: CCI approval of stake acquisition in Ecom by PG Esmeralda, pending detailed order.
CCI approved the proposed acquisition of a stake in Ecom Express Private Limited by PG Esmeralda Pte. Limited, where PG Esmeralda is ultimately controlled by investment vehicles affiliated with Partners Group AG; Ecom operates as a third party logistics services provider in India, and a detailed CCI order will follow.

Sovereign Gold Bond online payment discount reduces payable issue price for subscribers during the specified subscription period.
Sovereign Gold Bond Series X subscriptions are offered for a limited window at a prescribed issue price per gram with a set settlement date; applicants who apply online and pay via digital modes receive a per gram discount from the published issue price, producing a reduced payable price for qualifying digital online subscriptions during the subscription period.

Government security re-issue auction using multiple price method with reserved non-competitive allotment and when-issued trading eligibility.
Re-issue auctions for four Central Government securities will be conducted by the central bank using the multiple price method, with the issuer having an option to retain additional subscriptions up to a stated cap for each security. Up to a prescribed percentage 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 via the central bank's Core Banking Solution (E-Kuber) within specified time windows on the auction date, with auction results and settlement dates announced in the auction timetable. The securities are eligible for when issued trading under existing central bank guidelines.

Treasury bill auction calendar: notified issuance schedule for the quarter with flexibility to modify under governing notification.
Scheduled weekly auctions for the quarter ending March 2021 set notified tenor-wise issuance amounts for 91-, 182- and 364-day Treasury Bills with aggregate quarterly totals; the Government and Reserve Bank retain flexibility to modify amounts and timing for cash-management or market reasons, and auctions remain subject to the terms of General Notification F.4(2)-W&M/2018 as amended.