ReserveBankofIndiaRBIsaidtheRegulationsReviewAuthorityhasrecommendedthewithdrawalofadditional225redundantcircularsRBIhadsetuptheRegulationsReviewAuthorityRRA20withanobjectivetoreducethecomplianceburdenonregulatedentitiesREsRRA20wassetupinApril2021toreviewregulatoryinstructionstoremoveredundantandduplicateonesreducethecomplianceburdenonRegulatedEntitiesREsbystreamliningreportingstructurerevokeobsoleteinstructionsandwhereverpossibleobviatepaperbasedsubmissionofreturns