RBI's Core Purpose, Values and Vision

Reference: RBI/202603011815513967

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Description

Foreword The term strategy originates from the Greek word “Strategos”, which means “General”. Just as a General lays out a plan to chart a path towards victory by optimising resources and strengths, Utkarsh is intended to be a living document that sets out the course that the Bank adopts to deliver excellence in its work. Utkarsh 2.0 lays out the specific features of this journey in terms of values, mission, vision, and associated building blocks (milestones). It is crafted by and for each department in its pursuit of the Bank’s overarching goals. It builds upward from an ensemble of milestones and encompasses the timeframe 2023-25. Against the backdrop of a challenging global and domestic environment, Utkarsh 2.0 commences from 2023, when India assumes the G-20 Presidency. Like Utkarsh 2022, Utkarsh 2.0 sets out strategies and milestones under six visions which will guide the Bank along this roadmap to achieve its goals. We are guided in the endeavour by the light shone by the words of Mahatma Gandhi, means are more important than the end; it is only with the right means that the desired end will follow.1 Shaktikanta Das Governor Reserve Bank of India December 30, 2022 1 Our progress towards the goal will be in exact proportion to the purity of our means.” Selections from Gandhi, (1957), pp. 36-7 CONTENTS Page No. PREFACE ………………………………………………………. 1 I. INTRODUCTION and STRUCTURE of UTKARSH 2.0……. 2 Introduction ……………………………………………………... 2 Structure of Utkarsh 2.0….…………………………………….. 2 II. UTKARSH 2.0 5 Vision 1: Excellence in the Performance of its Functions…... 5 Vision 2: Strengthened Trust of Citizens and Institutions in 6 the Reserve Bank of India………………………………..……. Vision 3: Enhanced Relevance and Significance in National 7 and Global roles……………………………………………..…. Vision 4: Transparent, Accountable and Ethics-Driven 8 Internal Governance……………………………………………. Vision 5: Best-in-class and Environment-friendly Digital and 9 Physical Infrastructure…………………………………………. Vision 6: Inno

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Tender Details

• Published 01 Mar 2026
• Closing N/A