RBI has released draft consolidated supervisory instructions as part of its ongoing regulatory simplification initiative. It has now merged existing supervisory instructions into 64 Master Directions covering 11 types of regulated entities across nine functional areas. As a result, 626 circulars, including prior Master Circulars and Directions, are also proposed to be repealed. The feedback/ comments from stakeholders are invited.
(Link: Draft Consolidated Supervisory Instructions Press Release Dated 08/04/2026)