The Reserve Bank of India (RBI) on November 28, 2025, issued the notification regarding the Reserve Bank of India issues Consolidated Master Directions.
The following has been stated namely: -
• The Reserve Bank of India (RBI) undertook a major reorganisation to reduce compliance burden by consolidating decades of scattered regulatory directions issued under various Acts.
• Over 9,000 circulars/guidelines handled by the Department of Regulation (DoR) were consolidated into 238 function-wise Master Directions (MDs), specific to each of the 11 categories of regulated entities. NABARD-related instructions for rural/co-operative banks were also included.
• Around 3,500 directions/circulars were merged into the 238 MDs, while the remaining were identified as obsolete and marked for repeal. The 11 regulated entity categories include commercial banks, SFBs, PBs, RRBs, co-operative banks, AIFIs, NBFCs, ARCs, and CICs.
• Draft MDs and lists of circulars proposed for repeal were released on October 10, 2025, and RBI received 770+ stakeholder comments. Only comments relevant to consolidation (not regulatory changes) were incorporated.
• 238 final Master Directions forming the single comprehensive regulatory library for DoR, accessible via Notifications
• A list of 9,445 circulars officially withdrawn, accessible via Notifications
[Press Release 2025-2026/1588]
