RBI Circular 94/2026 Dated 25/05/2026 – Amendments to RBI Urban Cooperative Banks Governance Directions 

It inserted paragraph 7A providing that a director completing ten years of continuous tenure on the board of the same UCB can be re-appointed only after a mandatory cooling off period of three years. During this cooling-off period, the individual cannot be associated with the UCB in any capacity other than as a member or customer. 

(Link: RBI Circular 94/2026 Dated 25/05/2026)

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