AdvertisementThe Reserve Bank of India (Commercial Banks – Governance) Third Amendment Directions, 2026, issued on 30 July 2026 as an amendment to the Reserve Bank of India (Commercial Banks – Governance) Directions, 2025, following the issuance of the Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Seventh Amendment Directions, 2026 pertaining to Basel Pillar 3 disclosures. Reserve Bank of IndiaRBI/DOR/2026-27/206DOR.ACC.REC.No.183/29.67.001/2026-27 | Dated: July 30, 2026Reserve Bank of India (Commercial Banks – Governance) Third Amendment Directions, 2026Please refer to the Reserve Bank of India (Commercial Banks – Governance) Directions, 2025 (hereinafter referred to as ‘the Directions’). 2.These Directions shall be called the Reserve Bank of India (Commercial Banks – Governance) Third Amendment Directions, 2026. The Amendment Directions modify the Directions as under:4(1) For Paragraph 63(3)(ii)(f), the following shall be substituted, namely:“Share-linked Instruments: Such instruments shall be included as a component of variable pay. The details of share-linked instruments granted shall also be disclosed in terms of the disclosure requirements stipulated in the Reserve Bank of India (Commercial Banks: Financial Statements – Presentation and Disclosures) Directions, 2025 Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Directions, 2025.