Current Affairs · Banking Innovations & Regulatory Units
To improve regulatory efficiency, ensure better clarity, and reduce compliance burdens on financial institutions, the Reserve Bank of India (RBI) established a dedicated single-point unit to review, consolidate, and rationalise redundant circulars. Which cell has been established by the RBI for this purpose?
- 1Compliance Efficiency Unit
- 2Regulatory Review Cell✓
- 3Regulatory Review Authority
- 4Risk Monitoring Cell
Correct answer
Regulatory Review Cell
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