Regulations Review Authority (RRA) 2.0 – Interim Recommendations – Withdrawal of Redundant Circulars RBI/2021-22/128


Quick Summary
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 the Press Release dated November 16, 2021 issued on the captioned subject.

2. The circulars listed in the Annex are withdrawn with effect from close of business today.

Yours faithfully

(Neeraj Nigam)
Chief General Manager-in-Charge

Encl: As above


Annex

S. No. Circular No Date
1 DBOD.No.Ret.294/C.110-67 November 28, 1969
2 DBOD.No.Ret.BC.138/C.254-76 December 01, 1976
3 DBOD.No.BL.BC.9/C.555 (A)-80 January 09, 1980
4 DBOD.No.FOL.BC.103/C.249-82 November 08, 1982
5 DBOD.No.Ret.BC.109/C.254-82 November 27, 1982
6 DBOD.No.Fol.1246(A)/C.249-93 October 24, 1983
7 DBOD.No.GC.SIC.BC.115/C.739(A-1)-84 December 03, 1984
8 DBOD.No.Fol.BC.27/C.249-87 September 02, 1987
9 DBOD.No.Ret.BC.64/C.254-87 November 24, 1987
10 DBOD.No.Ret.BC.68/C.254-89 February 02, 1989
11 DBOD.No.Ret.BC.22/C.254-90 September 27, 1990
12 DBOD.No.Rabha.1722/C.486/53-91 June 29, 1991
13 DBOD.No.Rabha.240/C.486 (53)-91 October 24, 1991
14 DBOD.No.Rabha.BC.65/C.486(53)-91 December 27, 1991
15 DBOD.No.BC.122/06.02.06/92 April 23, 1992
16 DBOD.No.BC.27/06.02.01/94 March 8, 1994
17 DBOD.No.BC.286/06.02.01/95 January 30, 1995
18 DBOD.No.BC.61/12.05.001/94-95 May 29, 1995

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The circulars were withdrawn with effect from the close of business on November 16, 2021.

The list of withdrawn circulars is provided in the Annex of the notification.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.

 
Notification No : RBI/2021-22/128 DoR.RRA.69/01.01.101/2021-22
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12197&Mode=0



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