The Reserve Bank of India now permits banks to offer varying interest rates on bulk deposits, aligning with liquidity coverage ratio (LCR) run-off rates for enhanced flexibility.
The new rule will apply to both domestic rupee deposits and those held by NRIs
Jul 31, 2026
03:54 pm
What's the storyThe Reserve Bank of India (RBI) has permitted banks to offer different interest rates on bulk deposits, depending on their specific run-off rates under the liquidity coverage ratio (LCR) framework.
The new rule will apply to both domestic rupee deposits and those held by non-resident Indians (NRIs).
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