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RBI gives banks more time to implement bulk deposit rate norms, deadline now Oct 1
Banks now have until October 1 to implement new differential interest rate rules. These norms allow varied rates on bulk deposits considering liquidity coverage ratios. The Reserve Bank of India has extended the implementation deadline after bank feedback. Rates for deposits under Rs 3 crore remain outside these new stipulations. Banks must now disclose bulk deposit rates online by 10:00 am daily.
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thehindubusinessline.com
Banks’ to make daily disclosure of bulk deposits interest rates on their website
Starting October 1, 2026, banks will daily disclose bulk deposit interest rates on their websites for uniformity and transparency.
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economictimes.indiatimes.com
RBI gives banks more time to implement bulk deposit rate norms, deadline now Oct 1
Banks now have until October 1 to implement new differential interest rate rules. These norms allow varied rates on bulk deposits considering liquidity coverage ratios. The…
