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RBI Finalises Deposit Interest Rate Rules for Banks

Source: Reserve Bank of India · Press Release prid 63259 · ~2 min read

RBI has issued final amendment directions on deposit interest rates, effective October 1, 2026, giving banks more flexibility to price rupee bulk deposits while ensuring uniform disclosure. Feedback from the June 5, 2026 draft has been incorporated.

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Official RBI source: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63259 — summary by BankPulse (bankpulse.ai).
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