50% in the year 2010–11, 55% in the year 2011–12 and 60% in the year 2012–13 and achieve a 10% annual growth in number of micro enterprise accounts. The Reserve Bank is closely monitoring the achievement of targets by banks on a quarterly basis.
In the past, the Bank has used this opportunity to organize and give visibility to its monetary policy research program, which has examined various dimensions of our monetary framework—well 1/2  BIS central bankers' speeches  beyond the relatively narrow scope of the joint inflation-control agreement and the goal of price stability.