TNPSC Thervupettagam

RBI Utkarsh 2029 Framework

April 17 , 2026 14 hrs 0 min 15 0
  • Reserve Bank of India (RBI) launched its medium-term strategy “Utkarsh 2029” for April 2026–March 2029.
  • It aims to strengthen the RBI as a leading global central bank with a focus on digital growth and financial stability.
  • Key initiatives include Central Bank Digital Currency (CBDC), Unified Lending Interface (ULI), and global expansion of Unified Payments Interface (UPI).
  • It promotes internationalisation of the Indian Rupee and better cross-border payments.
  • Focus areas include regulation, customer-centric services, financial markets, and technology like Artificial Intelligence (AI).
  • The framework also emphasises innovation, transparency, and efficient resource allocation.

 

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