RBI’s New Bulk Deposit Rate Rules: What You Must Know from October 1, 2026

On July 30, 2026, the Reserve Bank of India (RBI) issued new directions to make interest rates on large fixed deposits more transparent and fair.  These rules come into force on **October 1, 2026** and apply to all commercial banks, small finance banks, regional rural banks, payment banks, local area banks, and urban co-operative banks.…