RBI's New Rules: Are They Serious About Transparency?

So, the RBI just dropped some new rules on bulk deposits, aiming for major transparency vibes! They want banks to spill the deposit rates by 10 a.m. daily—no more shady shenanigans! But chill, it’s not a total overhaul; just a little sprinkle of clarity to keep things fair for depositors. Basically, they’re trying to make banking less of a mystery, folks!