Home › Circulars › RBI/2026-27/214

RBI Updates Bulk Deposit Rate Rules and Disclosure Timing

Not yet independently checked — please confirm with the official RBI source below
Source: Reserve Bank of India · RBI/2026-27/214 · issued FY 2026-27 · ~2 min read
Quick answerRBI revises deposit rate rules: bulk deposit rates must be disclosed by 10:10 am daily, uniform rates across branches, and banks can price bulk deposits differently based on LCR run-off rates. Effective October 1, 2026.
The rule, in the simplest words
How it plays out — a real example

Rohit, the head of deposits at a mid-sized bank, logs into the system at 9:55 am to check the day's bulk deposit rates. He ensures the rates are published on the website by 10:10 am, as per the new rule. Later, he approves a slightly higher rate for a corporate bulk deposit that has a low LCR run-off rate, because the bank can now price based on liquidity risk.

What changed

The RBI has amended the 2025 Deposit Interest Rate Directions. Banks must now disclose bulk deposit interest rates on their website by 10:10 am each business day, with a 10-minute grace period from 10:00 am. Also, the rule requiring uniform interest rates across branches and customers is reaffirmed for all deposits, including bulk. Additionally, banks are now explicitly allowed to offer differential interest rates on bulk deposits based on the LCR run-off rates specified in the Asset Liability Management Directions, 2025.

What it means for you

For banks, this means tighter discipline in publishing deposit rates—any delay beyond 10:10 am could be a compliance issue. The LCR-linked differential pricing gives banks a tool to manage liquidity costs more precisely, potentially attracting stable deposits with better rates. However, uniformity rules still apply to similar deposits accepted on the same date, so pricing must be consistent across branches. Lenders should update their systems and internal policies to align with these new timelines and pricing flexibility.

What you must do

Who it affects

Treasury departments of commercial banks, Retail and wholesale deposit product teams, Branch banking operations, Compliance and risk management functions, Non-resident deposit (NRE/NRO) product managers

❓ Common questions

What is the exact deadline for disclosing bulk deposit rates?

Banks must disclose bulk deposit interest rates on their website at 10:00 am with a grace time of 10 minutes, so the latest is 10:10 am on each business day.

Can we offer different rates to different customers for bulk deposits?

Yes, but only if the difference is based on the LCR run-off rates applicable to the deposit category as per the Asset Liability Management Directions, 2025. Otherwise, rates must be uniform for similar deposits accepted on the same date.

When do these changes take effect?

The amended directions come into effect from October 1, 2026.

📜 Read the original circular — full text as issued by RBI
Notifications - Reserve Bank of India Skip to main content Selected Selected Change Language हिंदी Search the Website Search Home About Us ▼ About Us Organisation & Functions ▶ Organisation Structure Departments Offices Training Establishment ▶ College of Agricultural Banking Reserve Bank Staff College College of Supervisors RBI's Functions and Working Governors Deputy Governors Executive Directors Communication Policy of RBI Sources of Information ▶ Annual Publications Half-yearly Publications Quarterly Publications Monthly Publications Weekly Publications Occasional Publications SDDS NSDP Data Releases Publications available on Subscription General Information RBI History Museum ▶ The RBI Museum RBI Monetary Museum Notification ▼ Notifications Master Directions Master Circulars Amendment Directions Draft Notifications/Guidelines ▶ Draft Notifications/Guidelines Draft Directions (RE-wise) Index To RBI Circulars Standalone Circulars Circulars Withdrawn Press Releases Speeches & Media Interactions ▼ Speeches Media Interactions Memorial Lectures Podcasts Publications ▼ Biennial Annual Half-Yearly Quarterly Bi-monthly Monthly Weekly Occasional Reports Working Papers Legal Framework ▼ Act Rules Regulations Schemes Research ▼ External Research Schemes RBI Occasional Papers Working Papers RBI Bulletin History DRG Studies KLEMS State Statistics and Finances Statistics ▼ Data Releases Database on Indian Economy Public Debt Statistics Regulatory Reporting ▼ List of Returns Data Definition Validation rules/ Taxonomy List of RBI Reporting Portals FAQs of RBI Reporting Portals Home Notifications Notifications ( 233 kb ) Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Second Amendment Directions, 2026 RBI/2026-27/214 DOR.SOG(SPE).REC.176/13.03.00/2026-27 July 30, 2026 Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Second Amendment Directions, 2026 Please refer to the Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as ‘Directions’), dated November 28, 2025. On a review, it has been decided to issue revised instructions pertaining to interest rate on Rupee bulk deposits and disclosure of interest rates on deposits. 2. Accordingly, in exercise of the powers conferred by Section 35A of the Banking Regulation Act,1949 and all other laws enabling the Reserve Bank India (RBI) in this regard, the RBI, being satisfied that it is necessary and expedient in public interest so to do, hereby, issues the Amendment Directions hereinafter specified. 3. These Amendment Directions shall be called the Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Second Amendment Directions, 2026. 4. These Amendment Directions shall come into effect from October 01, 2026. 5. These Amendment Directions shall modify the Directions, as under: (1) In Chapter II on ‘General Guidelines (Interest Rate Framework)’ , the paragraph 7(3) shall be substituted by the following, namely: Interest rates payable on deposits, including bulk deposits, shall be strictly as per the schedule of interest rates disclosed in advance on the bank’s website. However, interest rates payable on bulk deposits shall be disclosed on the bank’s website at 10:00 am with a grace time of 10 minutes, latest by 10:10 am, on each business day. (1)(a) In Chapter II on ‘General Guidelines (Interest Rate Framework)’ , the paragraph 7(2) shall be substituted by the following, namely: The interest rates offered on deposits, including bulk deposits, shall be uniform across all branches and for all customers and there shall be no discrimination in the matter of interest paid on the deposits, between one deposit and another deposit of similar amount, accepted on the same date, at any of its offices. (2) In Chapter III on ‘Domestic Rupee Deposits’ , the following new sub-paragraph shall be inserted after sub-paragraph 10(3) , namely: 10(4) Applicable run-off rates under Liquidity Coverage Ratio (LCR) framework A bank shall have the freedom to offer differential interest rate on bulk deposits, by considering the differential run-off rate applicable to deposits or unsecured wholesale funding under the LCR framework, as specified in the ‘Reserve Bank of India (Commercial Banks – Asset Liability Management) Directions, 2025’ . (3) In Chapter IV on ‘Rupee Deposits of Non-Residents’ , the following new sub-paragraph shall be inserted after sub-paragraph 27(3)(iii) , namely: 27(3)(iv) Applicable run-off rates under Liquidity Coverage Ratio (LCR) framework A bank shall have the freedom to offer differential interest rate on bulk deposits, by considering the differential run-off rate applicable to deposits or unsecured wholesale funding under the LCR framework, as specified in the ‘Reserve Bank of India (Commercial Banks – Asset Liability Management) Directions, 2025’ . (Dr. Sudarsana Sahoo) Chief General Manager 2026 All Months January February March April May June July August September October November December 2025 All Months January February March April May June July August September October November December 2024 All Months January February March April May June July August September October November December 2023 All Months January February March April May June July August September October November December 2022 All Months January February March April May June July August September October November December 2021 All Months January February March April May June July August September October November December 2020 All Months January February March April May June July August September October November December 2019 All Months January February March April May June July August September October November December 2018 All Months January February March April May June July August September October November December 2017 All Months January February March April May June July August September October November December Archives 2016 All Months January February March April May June July August September October November December 2015 All Months January February March April May June July August September October November December 2014 All Months January February March April May June July August September October November December 2013 All Months January February March April May June July August September October November December 2012 All Months January February March April May June July August September October November December 2011 All Months January February March April May June July August September October November December 2010 All Months January February March April May June July August September October November December 2009 All Months January February March April May June July August September October November December 2008 All Months January February March April May June July August September October November December 2007 All Months January February March April May June July August September October November December 2006 All Months January February March April May June July August September October November December 2005 All Months January February March April May June July August September October November December 2004 All Months January February March April May June July August September October November December 2003 All Months January February March April May June July August September October November December 2002 All Months January February March April May June July August September October November December 2001 All Months January February March April May June July August September October November December 2000 All Months January February March April May June July August September October November December 1999 All Months January February March April May June July August September October November December 1998 All Months January February March April May June July August September October November December 1997 All Months January February March April May June July August September October November December 1996 All Months January February March April May June July August September October November December 1995 All Months January February March April May June July August September October November December 1994 All Months January February March April May June July August September October November December 1993 All Months January February March April May June July August September October November December 1992 All Months January February March April May June July August September October November December 1991 All Months January February March April May June July August September October November December Top Back to previous page More Links : Bank Holidays Banking Glossary Citizen's Charter Complaints Contact Us COVID-19 Measures E-LMS Events FAQs Financial Education Forms IFSC/MICR Codes Important Websites Opportunities @ RBI RBI Clarifications RBI Kehta Hai RBI’s Vision and Values (1257 kb)--> Right to Information Act Tenders Follow RBI RSS Twitter YouTube Instagram Facebook LinkedIn © Reserve Bank of India. 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Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2026-27/214 · issued FY 2026-27. The plain-English explanation above is BankPulse’s own independent summary.
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Key dataSee the live numbers behind this topic: Repo Rate Timeline, Credit & Deposit Growth — updated from official RBI data.
Key termsPlain-English definitions of terms in this circular — see the full Indian banking glossary. Repo rate · CASA · Statutory Liquidity Ratio (SLR) · Deposit insurance (DICGC)
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Who does what — compliance checklist
🏦 Branch Manager
  • Review your branch-level deposit pricing to ensure uniformity for similar deposits accepted on the same date.
📜 Compliance
  • Update your deposit rate disclosure process to publish bulk deposit rates on your website by 10:10 am on every business day.
  • Assess your LCR run-off rate categories and consider whether to introduce differential pricing for bulk deposits within those buckets.
  • Train treasury and retail banking teams on the new disclosure timeline and the LCR-linked pricing option.
  • Coordinate with IT to automate rate publication to meet the 10:10 am deadline consistently.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template

Example: if you are a Compliance officer at a bank this circular applies to (Treasury departments of commercial banks, Retail and wholesale deposit product teams, Branch banking operations, Compliance and risk management functions, Non-resident deposit (NRE/NRO) product managers), your first concrete step on “RBI Updates Bulk Deposit Rate Rules and Disclosure Timing” is: “Update your deposit rate disclosure process to publish bulk deposit rates on your website by 10:10 am on every business day.” (RBI issued this FY 2026-27).

  1. Circular: RBI/2026-27/214 -- RBI Updates Bulk Deposit Rate Rules and Disclosure Timing
  2. Issued: FY 2026-27
  3. Action required: Update your deposit rate disclosure process to publish bulk deposit rates on your website by 10:10 am on every business day.
  4. Action required: Review your branch-level deposit pricing to ensure uniformity for similar deposits accepted on the same date.
  5. Action required: Assess your LCR run-off rate categories and consider whether to introduce differential pricing for bulk deposits within those buckets.
  6. Action required: Train treasury and retail banking teams on the new disclosure timeline and the LCR-linked pricing option.
  7. Action required: Coordinate with IT to automate rate publication to meet the 10:10 am deadline consistently.
  8. Owner: ____________ Target date: ____________
  9. Board/committee approval needed? Y / N
  10. Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.

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BankPulse Compliance Evidence Pack — generated 31 Jul 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly).
Official RBI source: https://www.rbi.org.in/scripts/NotificationUser.aspx?Id=13656&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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