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RBI's regulation review authority moots periodic review of existing rules

Also suggests that regulatory instructions should contain a statement of objective underlying the rationale for their issuance, supplemented with FAQs/guidance notes and illustrations

Topics
RBI | RBI Policy | Reserve Bank of India

Subrata Panda  |  Mumbai 



Photo: Bloomberg
Photo: Bloomberg

The review authority (RRA 2.0) of the (RBI) has suggested that a periodic review of existing should be undertaken to align them with evolving developments in the industry practices and financial landscape.

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First Published: Mon, June 13 2022. 18:23 IST

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