<h1>RBI Forms Committee to Revamp Data Management, Aiming to Ease Reporting Burden and Boost Data Quality for Policy-Making.</h1> The Reserve Bank of India (RBI) has established a committee to review and enhance its data management processes. Chaired by an Executive Director, the committee aims to improve data collection, dissemination, and management, focusing on reducing reporting burdens and enhancing information quality for policy-making. The committee will evaluate current data systems, review past recommendations, and propose institutional and technological changes to ensure consistent data availability. It will consult various stakeholders and is tasked with submitting its report within four months. The committee includes experts from academia, banking, and RBI departments.