The story so far
RBI Deposit Rate Rules
Tracked across 2 sources · Updated 8h ago
The RBI has issued revised instructions to banks on deposit interest rates. Banks must ensure uniform rates across branches and disclose bulk deposit rates on websites daily by 10:10 am. The changes, effective October 1, allow banks flexibility on bulk deposits while boosting transparency for retail investors, following the HDFC Bank-MSRDC controversy.
How it unfolded
10h ago
Revised deposit rules effective October 1, impact on FD investors
2d ago
RBI permits banks to offer differential rates on bulk deposits
3d ago
RBI mandates bulk deposit rate disclosure on websites by 10:10 am daily
3d ago
RBI directs banks to ensure uniform deposit rates across branches
What happened earlier
Latest updates
Latest
Full story →RBI sets new deposit interest rate rules from October 1
RBI's revised deposit interest rate framework takes effect from October 1, 2026.
Banks must offer the same interest rate across all branches for deposits of similar amounts accepted on the same day.
Banks must publish their schedule of deposit interest rates on their websites in advance.
For bulk deposits, banks must upload applicable interest rates on their websites by 10:00 am on every business day, with a grace period until 10:10 am.
The directions apply to commercial banks, small finance banks, regional rural banks (RRBs), local area banks, payment banks, and urban cooperative banks.
Earlier · 3d ago
Full story →Ensure uniform deposit rates across all branches: RBI tells banks
RBI has instructed banks to ensure uniform deposit rates across all branches.
Interest rates payable on deposits must strictly follow the schedule disclosed on banks' websites.
The revised instructions require advance disclosure of interest rate schedules on respective bank websites.