RBI Merges 9,000 Circulars into 238 Master Circulars
Why in the news
RBI announced a clean-up of its rulebook so regulated entities can follow instructions easily.
Key facts
- Aims: easier access, lower compliance cost, clear applicability to each entity.
- The exercise continues work of the Regulations Review Authority, which had reviewed the framework using stakeholder feedback.
- That authority recommended withdrawing 714 circulars and moving 65 returns online, or merging or discontinuing them.
Exam angle
- Numbers: 9,000, 238, 11, 30.
- Cut-off date: 9 October 2025.
- Earlier reviewer: Regulations Review Authority.