<h1>Banking reform agenda expands regulatory tools and digital payments infrastructure to strengthen asset quality and inclusion.</h1> The Department of Financial Services advanced a comprehensive reform package in 2023 centered on the EASE Reform agenda and EASENext, statutory and supervisory measures (including IBC, SARFAESI amendments, Prudential Framework, NARCL and DRT enhancements) to improve asset quality and recoveries; it transferred and expanded the DIGIDHAN mission to deepen UPI led digital payments and introduced product innovations to broaden financial inclusion through PMJDY, insurance schemes, MUDRA, Stand Up India, APY and strengthened agriculture credit via Kisan Credit Cards and targeted interest subvention.