The Reserve Bank of India (RBI) has announced the withdrawal of several redundant circulars, effective from the close of business on November 16, 2021. This action is part of the interim recommendations from the Regulations Review Authority (RRA) 2.0 initiative. The circulars affected are listed in the Annex of the notification.
RBI/2021-22/128
DoR.RRA.69/01.01.101/2021-22
November 16, 2021
All Scheduled Commercial Banks
All Payments Banks
All Small Finance Banks
All Local Area Banks
Madam/Dear Sir
Regulations Review Authority (RRA) 2.0 Interim Recommendations Withdrawal of Redundant Circulars
Please refer to thePress Release dated November 16, 2021issued on the captioned subject.
2. The circulars listed in theAnnexare withdrawn with effect from close of business today.
Yours faithfully
(Ne
Daily Limit Reached
You have reached your daily limit of 2 Free Notice & Circular
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited Notice & Circular Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benefits
Already a PRO member?
Login here
for an ad-free experience.
FAQ :
RRA 2.0 refers to the Regulations Review Authority 2.0, an initiative by the RBI to review and streamline existing regulations.
The purpose of this notification is to inform scheduled commercial banks, payments banks, small finance banks, and local area banks about the withdrawal of redundant circulars.
The circulars were withdrawn with effect from the close of business on November 16, 2021.
The list of withdrawn circulars is provided in the Annex of the notification.
The notification is addressed to all Scheduled Commercial Banks, Payments Banks, Small Finance Banks, and Local Area Banks.
Guest
Notification No : RBI/2021-22/128 DoR.RRA.69/01.01.101/2021-22Published in Community & General
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12197&Mode=0