https://www.taxtmi.com/news?id=63086 RBI repealed 5,673 obsolete circulars and subsumed 9,446 circulars into 244 function-wise master directions; regulated entities must refer to applicable MDs for compliance. The consolidation focused on classification, repeal, and limited retention of non-fitting circulars without substantive regulatory change. Future guidance will be issued as MD amendments or new MDs, with colour-coded additions and entity-specific allocations, including new digital banking MDs. en-us Fri, 28 Nov 2025 20:31:04 +0530 Fri, 28 Nov 2025 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63086 RBI repealed 5,673 obsolete circulars and subsumed 9,446 circulars into 244 function-wise master directions; regulated entities must refer to applicable MDs for compliance. The consolidation focused on classification, repeal, and limited retention of non-fitting circulars without substantive regulatory change. Future guidance will be issued as MD amendments or new MDs, with colour-coded additions and entity-specific allocations, including new digital banking MDs. News - Fri, 28 Nov 2025 20:31:04 +0530 https://www.taxtmi.com/news?id=63086