22 Sep 2025 | 5 Mins Read
RBI to refresh and simplify financial rules
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The Reserve Bank of India (RBI) set up a Regulatory Review Cell (RRC) to review regulations every five to seven years. An independent advisory group chaired by SBI's Rana Ashutosh Kumar Singh will channel industry feedback to the RRC. The RRC will help modernize and align regulations with evolving market and policy dynamics, making the regulatory framework more contemporary and responsive.