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    August 30, 2011
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    Rural banking expansion: directive requires banks to extend services to designated habitations via business correspondents and oversight.
    Banks were directed to extend banking facilities to designated rural habitations using the Business Correspondent model with technology support; authorities allocated identified habitations to banks for outreach. Progress reporting showed a significant number of habitations covered and that scheduled commercial banks opened additional rural branches during the reporting year, with implementation monitored through periodic government meetings and official submissions.
    August 8, 2011
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    Foreign direct investment inflows show a pronounced year-on-year rise, with strong monthly, quarterly and midyear gains reported.
    FDI equity inflows for June 2011 demonstrate a sustained high-inflow trend: a record second-highest monthly equity inflow in the last eleven financial years, substantial year-on-year increase for June, marked growth for the April-June quarter compared with the same quarter in the prior financial year, and a significant rise in cumulative inflows for January-June compared with the previous calendar year, as reported by the Reserve Bank of India.

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