https://www.taxtmi.com/news?id=74891 Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure. en-us Sat, 19 Sep 2026 17:01:12 +0530 Sat, 19 Sep 2026 17:01:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74891 Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure. News - Sat, 19 Sep 2026 17:01:12 +0530 https://www.taxtmi.com/news?id=74891