This document is the Reserve Bank of India's Statement on Development and Regulatory Policies, released in February 2022. It outlines key policy measures concerning liquidity, financial markets, and payment systems. Notable updates include extensions to liquidity facilities for emergency health services and contact-intensive sectors, enhancements to the Voluntary Retention Route for FPI investments, and proposed changes to e-RUPI voucher limits and NACH mandate limits for MSME financing. This statement is essential for financial institutions, businesses, and anyone interested in India's evolving financial regulatory landscape.