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RBI (Urban Co-operative Banks - Governance) Amendment Directions, 2026

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This document contains the Reserve Bank of India (Urban Co-operative Banks - Governance) Amendment Directions, 2026. These amendments modify existing directions regarding the tenure of directors on the boards of Urban Co-operative Banks (UCBs). The key change introduces a mandatory three-year cooling-off period for directors after completing a continuous tenure of ten years, before they can be re-appointed to the same UCB's board. This aims to prevent directors from circumventing tenure limits. These directions are useful for UCBs, their directors, and anyone involved in the governance of cooperative banking.

RBI (Urban Co-operative Banks - Governance) Amendment Directions, 2026 #pdf

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Posted on 26 May 2026

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