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(15/07/2026 09:52)

RBI amends bank board governance norms; new framework effective from Oct 1

The Reserve Bank of India (RBI) has revised the norms governing matters to be placed before bank boards, with the updated framework set to come into effect from October 1.

The new guidelines adopt a principles-based approach, providing bank boards with greater flexibility to determine their agendas based on the institution's specific priorities, while also aiming to improve the ease of doing business for lenders.
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