rbi speech, 2025-08-18
The key processes include (a) public consultation through issuance of a draft and a statement of particulars highlighting interalia the objective of the regulation, (b) impact analysis (to the extent feasible), (c) issuance of general statement of response to the public comments received, and (d) periodic review keeping in view aspects such as the stated objectives, experience gained, relevance in a changed environment, and the scope for reducing redundancies.
Sentiment: neutral
Topic: financial_stability