Finance Minister Nirmala Sitharaman’s Economic Survey reveals how India’s monetary and financial sectors charged ahead in FY2026’s initial phase (April-December 2025), undeterred by global geopolitical flux and tech upheavals.
Confronting an era of profound uncertainty, the survey calls for bold regulatory creativity, ironclad transparency, and robust accountability. Domestic finance innovations are hailed as vital buffers against erratic global funding.
May 2025 saw the RBI cement its pioneering regulatory paradigm, fostering a transparent, stakeholder-engaged, and impact-oriented monetary governance model. This approach harmonizes precise economic maneuvers with social imperatives, spotlighting superior regulation for financial robustness and green growth.
Central to this narrative is monetary policy’s role in upholding inflation control, fortifying financial markets, and driving equitable expansion. Easing price pressures prompted repo and CRR cuts, paired with OMOs to flood the system with liquidity.
The intent was clear: accelerate credit, ignite investments, and amplify economic vitality, with these easing measures swiftly influencing borrowing costs. RBI’s FY2026 liquidity management sustained banking sector surplus, calibrating credit and currency to productivity pulses.
Banks’ loan-deposit rate fluctuations persisted dynamically, embodying sectoral agility. India’s financial fortitude amid worldwide woes underscores its strategic edge, paving the way for inclusive prosperity.