Reserve Bank of India defined the term "infrastructure lending" through its second quarter review of monetary policy for 2012-13. It was mainly for helping the banks and Financial Institutions for the purpose of financing of infrastructure. The revised definition of ‘infrastructure lending’ will be effective from 20th November, 2012. The circular can be viewed here . The latest list of the items included under infrastructure sector is furnished in Annex 1 of Reserve Bank of India Master Circular DBOD.No.Dir.BC.3/13.03.00/2012-13 dated July 2, 2012 on ‘Exposure Norms.’
Reserve Bank of India liberalised the Realisation and Repatriation of export proceeds of export of Goods and Software. Through the circular RBI/2012-13/298 A.P. (DIR Series) Circular No. 52, Reserve Bank enhanced the period of realization and repatriation to India of the amount representing the full export value of goods or software exported, from six months to twelve months from the date of export. This relaxation was extended up to March, 31, 2013. However the provisions in regard to period of realization and repatriation to India of the full export value of goods or software exported by a unit situated in a Special Economic Zone (SEZ) as well as exports made to warehouses established outside India remain unchanged. The relevant press release is available at the website of RBI
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