Relevant proposals were put forward in December 2009, including, among other things, measures to raise the quality, consistency and transparency of the capital base, a global standard for funding liquidity, and the introduction of a leverage ratio. Throughout 2010 the proposed measures will be calibrated on the basis of an extensive quantitative impact study.
It is an accepted fact that the rural co-operative credit institutions with vast network of PACS have a great potential to increase flow of credit to agriculture especially to small and  BIS Review 60/2010  3  marginal farmers. Total financial inclusion is not possible without the involvement of cooperatives. In the past, they failed to deliver due to various weaknesses.