Sunday banking expands customer access as banks operate branches to provide enhanced weekend services nationwide.
State Bank of India operates a substantial network of branches on Sundays to enhance customer convenience and access to routine banking services; the practice was described by the Minister of State for Finance in a written parliamentary reply as an administrative measure to accommodate diverse customer needs, including new-age customers, by enabling transactions on non-traditional business days.

Credit targets for agriculture ensure bank lending to farmers, with staged microenterprise allocation and regular priority-sector review.
Government-fixed credit targets require banks to meet annual benchmarks for agriculture lending, with reported targets and achievements used to ensure availability of credit to farmers; MSME disbursement totals for banks are recorded centrally. Ground-level monitoring of priority sector credit is carried out under the Lead Bank Scheme through BLBC, DLCC and SLBC meetings and ongoing review by the Government, RBI and NABARD. A staged allocation mandates increasing proportions of MSE advances to micro enterprises over successive years.

Bank capital requirement estimates indicate substantial additional equity and non equity funding with expected government equity support.
The RBI's estimates indicate a substantial increase in regulatory capital requirements for Indian banks, with a larger share expected from non equity instruments and the remainder from equity; government equity contribution to Public Sector Banks is framed at existing shareholding levels. These projections depend on assumptions of uniform growth in Risk Weighted Assets and banks' assessments of internal accruals, and are contingent on factors such as economic growth, profitability, retained earnings, and asset quality.

Fake currency circulation: inter-agency coordination enhanced to detect, investigate and prosecute offenders nationwide and disrupt smuggling networks effectively.
Official data show a year-on-year change in counterfeit note detections with fewer notes but higher aggregate value in the latest year reported. A coordinated enforcement framework uses a nodal coordination cell for information sharing and review, a central investigative coordination point with subnational actors, a lead intelligence agency for intelligence management, strengthened bank-level detection mechanisms, and specialised prosecutorial mechanisms to investigate and disrupt circulation, smuggling and linked terror funding.

Direct cash transfers: national committee to coordinate policy, identify schemes, set timelines and review rollout.
A National Committee on Direct Cash Transfers, chaired by the Prime Minister, is mandated to provide vision and direction for direct cash transfers leveraging Aadhaar and financial inclusion, determine broad policy objectives and strategies, identify programmes and scope for transfers, coordinate Ministries and Agencies, specify rollout timelines, review implementation progress, and guide mid-course corrections.

Illegal trading of shares: regulator enforces reporting and enforcement measures to curb market misconduct and police training programs.
Illegal trading of shares prompted regulatory measures requiring brokers to report off-market transactions to exchanges and the use of enforcement tools including restraint orders, cancellation of broker registrations, quasi-judicial and adjudication proceedings, consent and compounding, and referral to police; regulators also urged state governments to act and provided training to police and enforcement agencies.

Innovation Fund for inclusive growth to finance innovations for the socio-economic bottom, managed through a national innovation trust.
Creation of an Innovation Fund to finance enterprises developing innovations for underserved populations, targeting the socio-economic bottom and rural areas. The fund will have a scalable corpus with an initial government contribution and additional capital mobilised from banks, insurers, financial institutions, corporates, high-net-worth individuals, and multilateral partners. The Ministry of Micro, Small & Medium Enterprises will set up the National Innovation Fund Trust to disburse funds and receive returns from investments.

Interest subvention scheme extends concessional rates and prompt pay incentives to short term crop borrowers, enhancing credit access to small farmers.
The note reports total farmer disbursements for April 2007-March 2012 and outlines measures to improve credit access for small and marginal farmers, principally the Interest Subvention Scheme with additional prompt payment subvention and post harvest coverage for Kisan Credit Card holders, the Agricultural Debt Waiver and Debt Relief Scheme, waiver of "no dues" certificate requirements for small loans in favour of self declaration, and RBI guidance to waive margin/security for small agricultural loans.

Exchange rate determination for import and export goods updates official conversion rates, superseding the prior notification and applying from the notified date.
The Central Board of Excise and Customs determines official exchange rates for specified foreign currencies into Indian rupees for import and export goods, publishes distinct rates in two annexed schedules (per unit and per-100 units), supersedes the prior notification except for prior actions, and fixes those rates as effective from the notified date for use in customs conversion and valuation.

Foreign investment liberalisation: expanded QFI, FII and FDI reforms open additional investment routes into domestic markets.
Government expanded the Qualified Foreign Investor framework to allow direct equity and corporate bond investments, increased FII debt limits and revised allocation to include reinvestment facilities and FCFS allocation for certain infrastructure bonds, rationalised lock in and residual maturity conditions for infrastructure debt and implemented sectoral FDI liberalisations in retail, civil aviation, broadcasting and power exchanges.

Inflation containment: government and central bank deploy fiscal, administrative and monetary measures to address WPI-CPI gap and food inflation.
Government and the Reserve Bank of India identified containment of inflation, particularly food inflation, and implemented a coordinated package of fiscal, administrative, budgetary and monetary measures. Administrative steps eased imports through tariff reductions, calibrated export restrictions and suspension of futures trading for selected commodities, imposed stock limits, maintained subsidised central issue prices and allocated foodgrains through public distribution and open market schemes. Budgetary measures targeted supply expansion and storage, while monetary policy combined earlier tightening with subsequent liquidity easing to stabilise prices and availability of essentials.

Exchange of Information expanded to banking data and new rules on tax examination abroad and cross-border collection measures.
The protocol broadens the Exchange of Information to include banking information without a domestic interest requirement and permits use of information for non tax purposes when authorized by the supplying State's competent authority; establishes Tax Examination Abroad allowing tax officers of a requesting State to interview individuals and examine records in the requested State as permitted by domestic law; creates Assistance in Collection of Taxes enabling cross border collection and interim asset conservatory measures; adds Limitation of Benefits to prevent treaty abuse; extends treaty coverage to UK resident partnership members and adjusts dividend source taxation rules.

Insurance obligations to vulnerable sections require inclusive coverage; no specific schemes target the Muslim community.
The press release provides category-wise counts of Muslim employees in LIC and Public Sector General Insurance Companies and states that the insurance regulator has not issued guidelines for schemes specifically for the Muslim community, relying instead on a general regulatory framework obliging insurers to make insurance available to vulnerable sections of society.

SEBI Act amendment to strengthen recovery of monetary penalties via regulatory procedures and tax-authority assistance.
Proposal to amend the SEBI Act to provide effective mechanisms for recovery of monetary penalties, either by regulations prescribed by SEBI or through references to the income tax authority using models that permit tax-administrative assisted collection.

Foreign direct investment approvals: one induction cleared, several proposals deferred or rejected by the investment authority.
The Foreign Investment Promotion Board approved one proposal to induct foreign equity into an investing company, deferred multiple proposals seeking post facto or clarificatory approvals (including increases in foreign equity, shareholding limit clarifications, issuance of warrants, media downlink/production proposals, pharmaceutical equity increases, and retrospective allotment of partly paid shares for hotel projects), and rejected several retrospective or regularisation requests relating to capitalization of past expenses, proprietary trading within NBFC activities, induction of foreign equity in security services and pharmaceuticals, telecommunications capitalisations, and foreign investment into an LLP for plating and metal finishing activities.

Government securities auction using uniform price method, with reserved non-competitive allotment and electronic bidding required.
Announcement of a scheduled auction of Central Government securities comprising tranches offered via yield-based and price-based auctions conducted by the Reserve Bank of India using the uniform price method. Bids must be submitted electronically on the E-Kuber system within prescribed time windows for non-competitive and competitive bids. Up to five percent of notified issuance is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. The stocks qualify for When Issued trading under RBI guidelines, with results announced on auction date and settlement on the subsequent payment date.

Regional Rural Bank financial performance improves as fewer banks report losses and recovery rates strengthen.
Reduction in loss incidence among Regional Rural Banks is reported, with loss-making RRBs decreasing to three as on 31 March 2012. Aggregate recovery improved to 81.60 per cent as of 30 June 2011 from 80.16 per cent as of 30 June 2010, reflecting enhanced recovery performance across the RRB sector.

Credit facilitation for MSMEs: expanded guarantee, simplified lending procedures and strengthened institutional funding support.
Measures to improve MSME credit flow combine risk mitigation through a central credit guarantee scheme and accreditation of an SME rating agency, procedural simplifications including collateral exemption for small loans, mandated specialized MSE branches and a common loan application form, and institutional funding initiatives comprising an equity support fund, reorientation and eligibility of a refinance institution for external commercial borrowing for on lending, plus targeted central bank allocations to augment refinance capacity.

Scheduled commercial banks permitted exchange membership for proprietary corporate bond trading, subject to membership and regulatory compliance.
Scheduled Commercial Banks may obtain membership of SEBI-recognized stock exchanges to undertake proprietary transactions in the corporate bond market, provided they satisfy the exchanges' membership criteria and comply with the regulatory norms and prudential requirements prescribed by the securities regulator and the exchanges. Banks may also seek membership of Futures & Options segments to carry out proprietary hedging and trading in interest rate risk, subject to the same conditional compliance.

Education loan complaints prompt corrective measures and reliance on model educational loan scheme to support meritorious students.
Public sector banks reported receipt and disposition of education loan complaints for 2011-12, with most matters disposed and a small number pending; banks undertake corrective measures upon receiving complaints. The Model Educational Loan Scheme of the Indian Banks' Association serves to provide affordable bank finance to meritorious but poor students for higher education in India and abroad.