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flag India’s central bank launches a regulatory review body to update rules every 5–7 years, starting Oct. 1, 2025.

flag The Reserve Bank of India (RBI) has created a Regulatory Review Cell (RRC) to conduct comprehensive, systematic reviews of its regulations every 5 to 7 years, starting October 1, 2025. flag The RRC, led by State Bank of India’s Rana Ashutosh Kumar Singh, will operate within the Department of Regulation and review rules in phases. flag To enhance input from industry experts, the RBI also formed an Advisory Group on Regulation (AGR), comprising external specialists, including Singh, T. T. Srinivasaraghavan, Gautam Thakur, Shyam Srinivasan, and Ravi Duvvuru. flag The AGR, with an initial three-year term renewable for two more years, will provide feedback to support the review process. flag The initiative aims to maintain a flexible, up-to-date regulatory framework responsive to evolving economic conditions.

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