The Reserve Bank of India (RBI) has announced that it will hold a press conference at 5:00 PM today, focusing on the consolidation of regulatory instructions, according to an official update shared on Friday.
The briefing is expected to be addressed by RBI Deputy Governor Shirish Chandra Murmu, who is likely to outline the central bank’s latest steps to streamline, simplify, and unify regulatory frameworks across financial institutions.
The consolidation exercise is part of RBI’s ongoing effort to make compliance more efficient, reduce ambiguity in guidelines, and ensure better implementation across banks, NBFCs, and regulated entities. The central bank has been working in recent years to reorganize scattered circulars and notifications into unified rulebooks.
Further details are expected at the 5 PM conference, including the scope of consolidation, the sectors impacted, and the timeline for operational changes. The updated instructions are aimed at increasing clarity for market participants and improving regulatory governance.
More updates will follow after the press briefing.
