Regulatory Alerts2026-06-05
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Reserve Bank of India (Interest Rate on Deposits) Amendment Directions, 2026
The draft Amendment Directions seek to provide greater flexibility to banks for pricing Rupee bulk deposits while ensuring uniformity in the disclosure of interest rates on deposits. These proposed rules apply to commercial banks, small finance banks, regional rural banks, payment banks, local area banks, and urban co-operative banks. Regulated entities and other stakeholders may submit comments or feedback on or before June 20, 2026, via the 'Connect 2 Regulate' section on the website or by email.
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