The Reserve Bank of India kept policy rates unchanged and relaxed KYC norms for opening bank accounts. The RBI issued several notifications regarding secondary market transactions in government securities, risk management and interbank dealings, export credit refinance facilities, instruments for augmentation of capital funds, and implementation of the UNSCR 1267 list. Market indices such as the Sensex, Nifty, dollar/rupee exchange rate, and commodity prices such as silver, gold, and crude oil declined.