Economy

RBI Implements Daily Bulk FD Rate Disclosures Starting October 1

Hindustan Times1h
THE BRIEF
1

New Reserve Bank of India rules effective October 1, 2026, require commercial banks to publish bulk deposit interest rates on their websites by 10 AM every business day.

2

Banks are permitted a 10-minute grace period until 10:10 AM for updates and must maintain rate consistency for similar deposits across all branches and customers.

3

The framework retains banks' flexibility to offer differential interest rates based on run-off rates under the Liquidity Coverage Ratio framework.