MUMBAI, India, April 8 -- Reserve Bank of India issued the following press release:
The Reserve Bank has constantly endeavoured to refine and strengthen its regulatory and supervisory framework with a view, inter alia, to rationalising the requirements and minimising compliance costs through periodic evaluation for their continued relevance.
2. In furtherance of this objective, Reserve Bank of India had undertaken a comprehensive consolidation exercise of the instructions administered by the Department of Regulation, on an 'as is' basis. Attention is drawn to Press Release dated November 28, 2025 communicating the consolidation of more than 9,000 circulars relating to Regulation into 238 Master Directions across 30 functions / areas.
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