The Reserve Bank of India (RBI) has withdrawn a number of obsolete regulatory circulars and instructions. This action is based on the interim recommendations from the Regulations Review Authority (RRA) 2.0. The withdrawn documents, listed in the Annex, are no longer in effect immediately.
RBI/2021-22/131
DCM (Admin) No.S472/19.01.010/2021-22
November 16, 2021
The Chairman / Managing Director
The Chief Executive Officer
All Banks
Madam / Dear Sir,
Withdrawal of Obsolete Regulatory Circulars/ Instructions - Interim Recommendations of the Regulations Review Authority 2.0
Please refer to thePress Release on Interim Recommendations of the Regulations Review Authority (RRA) 2.0 dated November 16, 2021.
2. A comprehensive review of the circulars issued by the Depart
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FAQ :
This notification announces the withdrawal of obsolete regulatory circulars and instructions by the RBI, following recommendations from the Regulations Review Authority (RRA) 2.0.
The interim recommendations for the withdrawal of these circulars and instructions were issued by the Regulations Review Authority (RRA) 2.0.
The circulars and instructions listed in the Annex are withdrawn with immediate effect from November 16, 2021.
The list of withdrawn circulars and instructions is provided in the Annex of the notification.
The circulars were issued by the Department of Currency Management (DCM).
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Notification No : RBI/2021-22/131 DCM (Admin) No.S472/19.01.010/2021-22Published in Community & General
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12200&Mode=0