Reserve Bank of India (RBI) tightens norms for re-appointment of directors on Urban Co-operative Banks (UCBs) boards

Exam-focused facts from the 27 May 2026 current affairs briefing.

Key facts

The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Urban Co-operative Banks - Governance) Amendment Directions, 2026, effective immediately.
An individual cannot serve as a director continuously for more than 10 years on the board of an Urban Co-operative Bank (UCB).
Re-appointment after completing 10 years of continuous tenure is permitted only after a compulsory cooling-off period of three years.
During the cooling-off period, the director shall not be associated with the UCB in any capacity other than as a member or customer.
Similar directions have been separately issued for Rural Co-operative Banks (RRBs).