Context: Recently, Reserve Bank of India has launched its Medium-term Strategy Framework for the period 2023-2025 – ‘Utkarsh 2.0’.

• It will guide RBI’s progress over the period 2023-25.

• Utkarsh 2.0 harnesses the strengths of Utkarsh 2022 by retaining its vision and Core Purpose, Values, and Mission statement.

• Utkarsh 2022 was RBI’s first strategy framework during the 2019-2022 period.

Visions of Utkarsh 2.0

• Excellence in performance of its functions.

• Strengthened trust of citizens and Institutions in the RBI.

• Enhanced relevance and significance in national and global roles.

• Transparent, accountable and ethics-driven internal governance.

• Best-in-class and environment-friendly digital and physical infrastructure.

• Innovative, dynamic and skilled human resources.