Core Points - The Reserve Bank of India (RBI) has established a Regulatory Review Cell (RRC) to enhance the institutional mechanism for reviewing regulations [5] - The RRC will conduct a comprehensive and systematic internal review of all regulations issued by the Bank every five to seven years [5] - The RRC will be operational in the Department of Regulation starting from October 1, 2025, and will undertake the review in a phased manner [5] - An independent Advisory Group on Regulation (AGR) has been formed to strengthen stakeholder engagement and incorporate industry feedback into the regulatory review process [5] - The AGR will have the ability to co-opt additional experts as deemed necessary and will have an initial tenure of three years, which can be renewed for an additional two years subject to review [2][5]
RBI forms committee for periodic review of regulations
The Economic Times·2025-09-17 11:53