Archive · 29 Nov 2025
RBI Replaces 9,000 Circulars with 244 Master Directions
The Reserve Bank of India (RBI) has made a big change by replacing 9,345 old rules with 244 new main rules.
These new rules cover 11 types of financial institutions and 30 different areas, including digital banking.
The RBI asked people for their opinions and received over 770 comments.
The oldest rules being replaced are from 1944.
The new rules aim to make banking easier and safer for everyone, with clearer guidelines and better protection against fraud.
This change will help banks work more efficiently and provide better services to customers.
RBI consolidates 9,345 circulars into 244 Master Directions to simplify the regulatory framework.
The consolidation covers 11 types of regulated entities and 30 functional areas, including digital banking.
Drafts of the consolidated Master Directions were open for public comments, with over 770 responses received.
The RBI withdrew 5,673 obsolete circulars, including some from as early as 1944.
The new Master Directions aim to improve regulatory clarity, reduce compliance burden, and enhance transparency.
- Who
- Reserve Bank of India (RBI)
- What
- Consolidation of 9,345 circulars into 244 Master Directions
- When
- 28 November 2025 at 5 p.m. (IST)
- Where
- Press conference (location not specified)
- Why
- To reduce compliance burden, improve clarity, and optimize the regulatory framework
- Event Date
- 28 November 2025
- Event Time
- 5 p.m. (IST)
- Total Circulars
- 9,345
- Master Directions
- 244
- Regulated Entities
- 11 types
- Functional Areas
- 30
- Feedback Deadline
- 10 November 2025
- Public Comments Received
- 770
- Oldest Obsolete Circular
- 1944
- Obsolete Circulars Withdrawn
- 5,673
Sources
RBI LIVE Updates: Central bank to consolidate circulars in efforts to cut compliance burden — Here's what to expect
Ease of doing biz: RBI consolidates 9K+ circulars, issues 244 Master Directions for Regulated Entities
RBI consolidates 9,000 circulars into 244 Master Directions for enhanced ease of doing business. Details here
RBI rolls out simpler rules, makes compliance easier
With eye on easing compliance burden: RBI consolidates regulatory norms
RBI merges thousands of circulars into master directions to ease compliance for banks
RBI consolidates over 9,000 circulars to reduce compliance burden
