https://www.taxtmi.com/news?id=66922 The Reserve Bank has published draft governance amendments for urban and rural co-operative banks introducing a minimum cooling-off period for directors to prevent evasion of the ten-year continuous tenure limit under Section 10A(2A)(i) read with Section 56 of the Banking Regulation Act, 1949. Public comments are invited by January 30, 2026 via the Connect2Regulate portal or by submission to the Department of Regulation (Governance Section). en-us Fri, 09 Jan 2026 17:39:54 +0530 Fri, 09 Jan 2026 17:39:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=66922 The Reserve Bank has published draft governance amendments for urban and rural co-operative banks introducing a minimum cooling-off period for directors to prevent evasion of the ten-year continuous tenure limit under Section 10A(2A)(i) read with Section 56 of the Banking Regulation Act, 1949. Public comments are invited by January 30, 2026 via the Connect2Regulate portal or by submission to the Department of Regulation (Governance Section). News - Fri, 09 Jan 2026 17:39:54 +0530 https://www.taxtmi.com/news?id=66922