RBI sets timelines for regulatory approvals

Tags: News
The Reserve Bank of India (RBI) released timelines for regulatory approvals on Monday and said it will revert to the applicant if the deadline is likely to be exceeded.

The RBI announced the timeline as part of one of the recommendations of the government-appointed Financial Sector Legislative Reforms Commission (FSLRC).

In case an applicant does not get a response within the indicated timeline, the entity can approach the head of the concerned department, the RBI said.


  • Cyrus Mistry eased out as Tata shows its heft in Bombay House

    It is a classic board room brawl, only this time, it took place in the dignified and rarified air of Bombay House, home to the venerable Tata Sons.


Stay informed on our latest news!


Ananda Majumdar

Between mobocracy and the nation

Maharashtra Chief Minister Devendra Fadnavis’ well publicised act of peacemaking ...

Rajgopal Nidamboor

The physics of mindful awareness

Philosopher Aristotle emphasised the fact that “thinking always involves thinking ...

Shona Adhikari

Owais Husain searches for a lost homeland

The seventh edition of the Mumbai Public Art Festival (PAF) ...