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Sign in to searchRBI ‘Utkarsh 2029’ Framework: Strengthening India’s Financial Architecture
The Reserve Bank of India has launched its medium-term strategy ‘Utkarsh 2029’ (April 2026–March 2029), aiming to transform itself into a world-class full-service central bank capable of addressing emerging economic and technological challenges. It builds upon earlier strategic frameworks (Utkarsh 2022), reflecting continuity with adaptation to a rapidly evolving financial ecosystem.
The framework is structured around six key pillars: robust regulation, customer-centric and inclusive finance, competitive financial markets, effective use of technology, future-ready organisation, and Global India. It seeks to simplify regulatory compliance while enhancing financial stability. A strong focus is placed on financial inclusion through initiatives like the Unified Lending Interface (ULI), aimed at expanding credit access, especially for underserved segments.
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RBI's Utkarsh 2029 framework (2026-2029) transforms India's central banking through financial inclusion, technology integration, and robust regulation for global financial leadership.
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