The Reserve Bank of India (RBI) has extended the supersession of the Board of Directors of Mumbai-based Abhyudaya Co-operative Bank Limited for another year, effective 24 November 2026, keeping the institution under an RBI-appointed Administrator for a fourth consecutive year. Read More …
Tag: Bank Governance
RBI Extends Supersession of Abhyudaya Co-operative Bank’s Board for Another Year: A Major Lesson in Banking Governance and Regulatory Oversight
RBI Unveils Updated Governance Framework for Banks Focusing on Risk and Strategy
The Reserve Bank of India (RBI) has introduced a new governance framework for banks, aimed at strengthening board oversight, risk management, and strategic decision-making. The updated guidelines emphasize clear accountability, enhanced monitoring, and robust internal controls, ensuring that banks operate Read More …