RBI Utkarsh 2029

Why in News?

RBI launched medium-term strategy (2026–2029).

Six Pillars

• Robust Regulation
• Customer Centricity
• Inclusive Finance
• Competitive Markets
• Technology
• Global Integration

Important Initiatives

CBDC Expansion

Central Bank Digital Currency.

Unified Lending Interface (ULI)

Digital credit infrastructure.

Project Sa-Mudra

Currency management modernization.

Indigenous AI

Purpose-built Large Language Model (LLM).

UPSC Keywords

• CBDC
• Digital Banking
• Financial Inclusion
• Artificial Intelligence