RBI Sets 2026-27 Agenda With Next-Generation Core Banking System e-Kuber 3.0

The Reserve Bank of India has laid out a comprehensive agenda for the 2026-27 financial year, pairing a planned review of the RBI Act with significant technological upgrades to the country's financial plumbing. Central to the plan is the launch of a next-generation core banking system, e-Kuber 3.0, alongside a new alternative payment system and a unified interface aimed at modernising how the central bank processes government and interbank transactions. The upgrades are intended to strengthen resilience, improve efficiency and support the continued expansion of India's digital finance ecosystem, which already handles enormous volumes through real-time retail payments. The agenda also signals continued work on deposit-pricing reforms, including proposals to link bulk deposit rates to liquidity-risk profiles, and measures to broaden foreign-currency inflows from non-resident Indians. Taken together, the roadmap reflects the central bank's dual focus on regulatory modernisation and technological capability as it seeks to keep pace with rapid change in payments, open finance and cross-border flows while maintaining financial stability and public trust in the system.