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.

Starting October 1, 2026, banks will daily disclose bulk deposit interest rates on their websites for uniformity and transparency.

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…