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Get latest articles and stories on Latest News at LatestLY. The Reserve Bank on Tuesday issued a single document consolidating all directions to ensure compliance related to the submission of supervisory data by banks and non-banking financing companies (NBFC). Latest News | Supervisory Data Submission: RBI Issues Single Document for Compliance Requirements.
The move will help reduce the burden of compliance on the regulated entities based on the recommendations of the Regulations Review Authority (RRA 2.0) and an Internal Working Group of RBI.