In a bid to cut back the regulatory burden and compliance prices for entities regulated by it, the Reserve Financial institution of India (RBI) is planning to consolidate the prevailing regulatory directions into 238 Grasp Instructions.
Concurrently, it is going to be repealing about 9,000 circulars (together with Grasp Circulars/Grasp Instructions) administered by the Division of Regulation.
On this regard, the RBI has issued units of draft paperwork – Drafts of the 238 consolidated Grasp Instructions/Tips and Record of the Circulars proposed to be repealed — for feedback relating to completeness and accuracy. Feedback/ suggestions might be submitted on or earlier than November 10, 2025.
The central financial institution emphasised that it has continually endeavoured to optimise its regulatory framework with a spotlight inter alia on lowering the regulatory burden and compliance prices, aside from well timed re-evaluation of the foreign money of current directions.
Pursuant to the above, the RBI has undertaken a complete train of consolidating the regulatory directions presently administered by the Division of Regulation, on ‘as is’ foundation.
“The present universe of regulatory directions issued as much as October 9, 2025 have been consolidated into 238 Grasp Instructions, throughout 11 forms of regulated entities on as much as 30 capabilities/areas,” per RBI’s assertion.
Consequently, roughly 9,000 circulars (together with Grasp Circulars/Grasp Instructions) administered by the Division of Regulation shall be repealed.
The RBI famous that consolidation of rules is predicted to considerably enhance the accessibility of regulatory directions for the regulated entities, thereby lowering their compliance value.
Additionally, consolidation of regulatory directions individually for every sort of regulated entities will enhance the readability on applicability of every instruction to a regulated entity.
Printed on October 10, 2025