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RBI Sets Up Regulatory Review Cell

RBI Sets Up Regulatory Review Cell:

The Reserve Bank of India (RBI) has constituted a Regulatory Review Cell (RRC). This cell will undertake systematic, periodic reviews of existing regulations every five to seven years, starting from October 1, 2025. The initiative also includes the formation of an independent Advisory Group on Regulation (AGR) comprising external experts. This development is crucial for government exam aspirants focusing on banking reforms, regulatory frameworks, and financial governance.