The Union Finance Ministry has forwarded a complaint by Darshan A. Naik, General Secretary of the Gujarat Pradesh Congress Committee, to the Reserve Bank of India (RBI), seeking urgent action over alleged violations of the 10-year tenure cap for cooperative bank directors mandated under the Banking Laws (Amendment) Act, 2025.

In his letter to Finance Minister Nirmala Sitharaman on September 1, Naik accused the Registrar of Cooperative Societies, Gujarat, of ignoring repeated representations and allowing directors who have already served more than 10 years to continue in office.

He cited a Rajya Sabha reply by Finance Minister Nirmala Sitharaman, noting that 145 out of 169 cooperative banks in Gujarat have not enforced the new tenure rule.

Responding to the complaint, the Finance Ministr

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