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Oct 11, 2025
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RBI plans to repeal 9,000 circulars by consolidating regulations
The Reserve Bank of India (RBI) on Friday proposed to repeal about 9,000 circulars to reduce the regulatory burden and compliance costs, apart from timely re-evaluation of the currency of existing instructions.
The RBI said it has constantly endeavoured to optimise the regulatory framework with a focus inter alia on reducing the regulatory burden and compliance costs, apart from timely re-evaluation of the currency of existing instructions.
In a statement, the central bank further said it has undertaken a comprehensive exercise of consolidating the regulatory instructions currently administered by the Department of Regulation, on an 'as is' basis.
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