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Today's question · Banking Law · 3 Nov · mblnotes
Daily question · Tue 3 Nov
· No. 46
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BNK · S03
Reserve Bank of India
Asked in 2 of 7 papers
(Dec ’23, Jan ’25)
What is the best reading of the RBI’s 28 November 2025 release on consolidated Master Directions?
A
RBI enacted 244 new Acts of Parliament that displaced all banking statutes
B
RBI issued 244 Master Directions consolidating Department of Regulation instructions on an ‘as-is’ basis for multiple regulated-entity types
C
RBI merely proposed 244 directions and expressly declined to issue any final consolidation
D
The consolidation applied only to one commercial bank and not to categories of regulated entities
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