India’s Economic Survey for 2025–26 on Thursday endorsed the Reserve Bank of India’s monetary policy stance, saying proactive liquidity management helped support credit growth and financial stability amid global uncertaint
The Survey underlined the importance of strengthening innovative and inclusive domestic financing channels to cushion the economy from volatility in global capital flo
It noted that the RBI remained nimble in managing liquidity through the year, ensuring adequate funds in the banking system. This helped improve transmission to money and credit markets, enabling banks to meet productive credit demand. Transmission to lending and deposit rates of scheduled commercial banks remained strong amid surplus liquidity condition
The Survey also highlighted the RBI’s regulatory framework issued in May 2025, which it described as a significant shift towards transparent, consultative and impact-based regulation. The framework, it said, reflects India’s attempt to balance macroeconomic objectives with broader social and developmental goal
