The Reserve Bank of India (RBI) has introduced its Medium-term Strategy Framework, ‘Utkarsh 2029’, for the period April 2026 to March 2029, building on the progress achieved under Utkarsh 2.0 (2023–2025).

The new framework outlines six key strategic pillars—robust regulation, customer centricity and inclusive finance, competitive markets, effective technology, a future-ready organisation, and a global outlook for India—aimed at guiding the central bank’s priorities over the medium term.

Each pillar focuses on forward-looking and outcome-driven deliverables, while the RBI’s routine functions will continue to be carried out through annual action plans of its respective departments.

The central bank emphasized that it places significant importance on its medium-term strategy, with implementation and progress being regularly monitored by a sub-committee of its Central Board.