Anti money laundering commitment reinforces support for FATF strategic priorities and funding to enhance asset recovery and transparency.
The ministerial communique endorses FATF strategic priorities for 2022-24-including strengthening the FATF global network, preserving Mutual Evaluations, advancing Beneficial Ownership Transparency, enhancing Asset Recovery, leveraging Digital Transformation, and ensuring Sustainable Funding-and records a national commitment to combat Anti Money Laundering, Terrorist Financing, and Proliferation Financing while providing resources and political support for FATF implementation.

Monetary policy priority shift to inflation over growth, with accommodative stance transitioning toward gradual liquidity withdrawal.
The Reserve Bank revised inflation and growth projections and reprioritized policy to place inflation ahead of growth while retaining an accommodative stance focused on gradual withdrawal of accommodation. The LAF corridor was normalized and a new uncollateralized Standing Deposit Facility introduced as the corridor floor; the fixed rate reverse repo is retained for specified uses. Liquidity withdrawal will proceed over a multi year timeframe contingent on credit absorption, government spending and capital flows. The RBI also announced HTM limit relief to support government borrowing, supervisory action on digital lending and KYC, cardless ATM withdrawals via UPI, and calibrated CBDC pilots.