RBI Forms Cell to Streamline and Rationalize Regulations

India's central bank, RBI, is setting up a special team called the RRC to simplify and clarify rules for banks and other financial companies.

The goal is to make it easier for these businesses to follow the rules.

To make this work well, the team needs to understand what's difficult for businesses, talk to those affected, and make it simple to ask questions.

The goal is to help businesses and make sure everyone understands the rules so they can work more efficiently and smoothly.