Ease of doing business: RBI consolidates over 9,000 circulars and issues 244 principal directions for regulated entities

Shirish Chandra Murmu, Deputy Governor, RBI. Photo credit: cueapi In a massive exercise carried out over the past five to six months, the Reserve Bank of India (RBI) consolidated over 9,000 circulars, some dating back to the pre-independence era, and issued 244 Master Directions (MDs) for regulated entities (REs) on Friday. The move is part […]