RBI forms committee for periodic review of regulations
The Economic Timesยท2025-09-17 11:53
The mandate of the RRC is to ensure that all the regulations issued by the Bank are subject to a comprehensive and systematic internal review every five to seven years. The RRC shall be set up in the Department of Regulation effect from October 1, 2025 and would undertake the review of regulations in a phased manner. "In order to strengthen the The independent AGR will have the provision to co-opt additional experts as considered appropriate. "It will have an initial tenure of three years, renewable by a f ...