RBI's Regulations Review Authority sets up advisory group

MUMBAI: The Regulations Review Authority of the Reserve Bank of India (RBI) has constituted an advisory group to support it.

The group will assist the RRA by identifying areas, regulations, guidelines and returns which can be rationalised and submit reports periodically to the RRA containing its recommendations.

"The RRA has constituted an Advisory Group, representing members from regulated entities, including compliance officers, to support the RRA in achieving the objective set forth in the terms of reference of RRA 2.0," said an RBI statement. (IANS)

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