New RBI Rules For Fixed Deposits: Banks Can Vary Interest Rates From October 1
Mumbai, Aug 3: The Reserve Bank of India (RBI) has revised rules governing interest rates on bulk fixed deposits, giving banks greater flexibility to offer different rates based on their liquidity requirements, while mandating daily disclosure of applicable rates from October 1, 2026. Under the revised framework, banks will be allowed to offer differential interest […]
3 Aug 10:20 · Northlines