<h1>Central bank commits to price stability and growth, Basel III from April 1, 2027, proportionate regulation, fintech push</h1> A central bank delivered an inaugural address outlining continued commitment to price stability alongside growth, citing strong macroeconomic and fiscal metrics and resilient external buffers. The bank signalled ongoing principle-based, proportionate and consultative regulation, proposed Basel III implementation from April 1, 2027, issuance of credit risk/ECL drafts, and creation of a Regulatory Review Cell to reassess rules on a 5-7 year cycle. Priorities include easing compliance burden, boosting bank credit to productive sectors and MSMEs, strengthening financial inclusion via business correspondents and digital public infrastructure, enhancing consumer protection and ombudsman frameworks, and accelerating adoption of technology (AA, ULI, AI/ML) across the financial system.