1.WHAT IS UTKARSH2.0?
Tools based on artificial intelligence (AI) and machine learning (ML) for data analysis and
information generation are integral to the Reserve Bank’s medium-term strategic framework
“Utkarsh 2.0” for the period 2023-2025 announced by the government. It is a medium-term strategic
document that guides the Bank’s progress towards achieving the identified milestones. Against the
backdrop of a difficult global and domestic environment, Utkarsh 2.0 will begin in her 2023 when
India takes over her G20 presidency, he said the RBI.
2.WHY IT’S CALLED UTKARSH2.0?
Utkarsh 2.0 will cover the period of 2023-25. We leverage the strengths of Utkarsh 2022
by staying true to our six mission statements and our core purpose, values and mission. Together
they form a strategic path. The Utkarsh 2.0 Roadmap contains 60 strategies that lead to desired
outcomes.
3.HOW AI AND ML IS THE INTEGRAL PART OF UTKARSH2.0?
In this data age, banks are playing a dual role of collecting data and disseminating
information. With this comes a responsibility for the reliability of the data collected to produce

meaningful and accurate information. “The introduction of AI- and ML-driven tools for data analysis
and information production will therefore be an integral part of Utkarsh 2.0.
This strategic framework will also transform banks into listening and transparent organizations with
world-class green digital and physical infrastructure. Utkarsh 2.0, a strategic framework to be
launched in the period 2023-2025, sets out priorities, actions and desired outcomes under each of
the Bank’s goals for the period 2023-2025.