Quick Summary
The Reserve Bank of India (RBI) has issued the final Amendment Directions on Interest Rates on Deposits, introducing changes aimed at providing greater flexibility to banks in pricing rupee bulk deposits while maintaining transparency in the disclosure of deposit interest rates. The revised directions will come into force from October 1, 2026. The move follows a public consultation process initiated in June 2026, when RBI released draft amendment directions and invited comments from banks, regu
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FAQ :
The new deposit interest rate rules finalised by the RBI will come into effect from October 1, 2026.
The new rules aim to provide greater flexibility to banks in pricing rupee bulk deposits while maintaining transparency in the disclosure of deposit interest rates.
Yes, the RBI initiated a public consultation process in June 2026, inviting comments from banks, regulated entities, and other stakeholders before finalising the directions.
The amendments affect Commercial Banks, Small Finance Banks, Regional Rural Banks, Payment Banks, Local Area Banks, and Urban Co-operative Banks.
The new directions provide greater flexibility to banks for pricing their Rupee bulk deposits.
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