The Reserve Bank of India (RBI)’s consolidation of thousands of circulars into a coherent library of Master Directions, ...

The initiative streamlines more than 9,000 existing circulars, directions and guidelines into 238 function-wise MDs, aimed at ...

MediaNama’s Take: In December 2016, the Watal Committee report recommended that the government make the regulation of payments independent of the central banking functions of the Reserve Bank of India ...

The central bank said the consolidation covered a wide range of financial institutions. It noted that instructions contained ...

The central bank streamlines regulations for commercial, cooperative, small finance and payments banks, as well as NBFCs and credit firms, enhancing clarity and ease of doing business ...

The Reserve Bank has concluded a massive six-month overhaul, clearing out 5,673 outdated circulars and consolidating over ...