BTL 888 - Utkarsh 2029

 

The Banking Tutor’s Lessons

BTL 888                                                                                12-04-2026

Utkarsh 2029 (RBI’s Medium-term Strategy Framework for 2026-29)

The Reserve Bank of India had adopted the Medium-term Strategy Framework

(Utkarsh 2.0) covering the period 2023-2025 in December 2022 which guided the Bank’s progress towards realisation of the identified milestones. 

In continuation of the above and building upon the progress made thereunder, the Bank has now prepared its Medium-term Strategy Framework Utkarsh 2029 for the period April 2026 to March 2029. The framework encompasses six strategy pillars guided by a succinct vision statement and values. The six strategy pillars highlighting the broad strategic priorities of the Bank are:

 

• Robust Regulations

• Customer Centricity and Inclusive Finance

• Competitive Markets

• Effective Technology

• Future-ready Organisation

• Global India 

Each pillar encompasses overarching, forward-looking and medium-term deliverables. The regular functions of RBI will continue under the Annual Action Plan of the respective Departments. 

The Reserve Bank of India attaches high importance to its medium-term strategy and monitors its implementation and progress through a Sub-committee of its Central Board.

Sekhar Pariti

+91 9440641014

(Source – RBI’s Press Release dt 10^th April, 2026)