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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

Reserve Bank of India issues Consolidated Master Directions

28-Nov-2025 | Press Release: 2025-2026/1588

RBI has issued a press release on Consolidated Master Directions which are now issued finally. 1. RBI has reorganised and consolidated its regulatory instructions to reduce compliance burden and make rules easier for Regulated Entities (REs) to access and follow. 2. Over the years, thousands of circulars and guidelines were issued; many overlapped or were outdated, causing complexity. The consolidation aims to streamline this. 3. Vide Press Release: 2025-2026/1291 dated 10th October 2025, more than 9,000 instructions were reorganised into 238 Master Directions, grouped function-wise and customised for 11 different categories of regulated entities (e.g., banks, NBFCs, CICs, etc.). Instructions issued by NABARD to rural cooperative banks and regional rural banks were also merged into the consolidated directions. 4. A list of ~3,500 earlier directions/circulars were integrated into the new Master Directions, while outdated ones were marked for repeal. 5. RBI received 770+ comments on the drafts; feedback relevant to consolidation (not regulatory change) was incorporated before finalising the Master Directions. 6. Final documents issued now include: a. 244 Master Directions (including 7 new ones on digital banking). b. A list of 9445 circulars withdrawn due to the consolidation. 7. These consolidated Master Directions now serve as the single, authoritative source of regulations issued by the Department of Regulation, improving clarity and ease of doing business. They are available on the RBI website. For more information, please refer to the attached document.

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