MUMBAI, India, July 14 -- Reserve Bank of India issued the following notification:
RBI/2026-27/177
DOR.HGG.GOV.150/29.67.001/2026-27
July 14, 2026
Reserve Bank of India (Commercial Banks - Governance) Amendment Directions, 2026
Please refer to the Reserve Bank of India (Commercial Banks - Governance) Directions, 2025 (hereinafter referred to as 'Directions').
2. In an endeavour to enable bank Boards to utilize their time effectively and to facilitate a more focused and qualitative engagement on strategy and risk governance, it has been decided to undertake a review to rationalize the extant RBI directions/circulars on the matters required to be placed before the Board. Accordingly, in exercise of the powers conferred by Section 35A of...