According to an amendment introduced by the Central Government in the Banking Regulation Act, the maximum permissible term is 10 years. https://english.mathrubhumi.com/news/kerala/serving-over-a-decade-rbi-to-oust-urban-bank-board-members-holding-post-for-more-than-10-years-kgp4t2s0?utm_source=dlvr.it&utm_medium=mastodon #RBI #UrbanBanks #Kerala #GoverningBody #BoardMembers