RBI governance reset puts spotlight on bank chairs, independent directors

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Starting October 1, 2026, onboarding of independent directors, their accountability and remuneration may need a relook as RBI seeks more focused board engagement on strategy, risk and governance

RBI, Reserve Bank of India

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RBI, Reserve Bank of India(Photo: Reuters)

Raghu Mohan New Delhi

7 min read

Last Updated :

Sep 11 2026 | 6:18 PM

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Starting October 1, the Reserve Bank of India’s (commercial banks – governance) Amendment Directions, 2026 will come into force, enabling bank boards to facilitate a more focused and qualitative engagement on strategy and risk governance.

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