RBI Unveils New Rules for Bulk Deposits Starting October 1

Yo, listen up! The RBI's droppin' fresh rules for them big ol' deposits starting October 1, 2026. Banks gotta spill the beans on their rates by 10 am every day, keepin' it real for all those stackin' over Rs 3 crore. No more shady rates, just smooth sailing with that online check, ya feel me?

Quick rundown

1.RBI mandates daily disclosure of bulk FD rates.

2.Banks must publish rates by 10 am with a 10-minute grace period.

3.Uniform rates required for similar deposits across branches.

4.Banks retain flexibility for different liquidity characteristics.

5.Transparency in bulk deposit pricing is the RBI's main goal.

Banking on Fun: Fixed Deposits Up to 8.25% This September
Banking on Fun: Fixed Deposits Up to 8.25% This September
Hey there, folks! Small finance banks are dishing out some seriously sweet fixed deposit rates—up to 8.25%! Suryoday's got the hottest five-year deal. But wait, don’t just grab the big number like it’s pizza! Look at the tenure, buddy! Spread your cash around and keep it safe, capisce?
10:25 am on Thursday, 17 September, 2026
Savings Rates Revamped: Canara, BOI, IDFC FIRST Shine
Savings Rates Revamped: Canara, BOI, IDFC FIRST Shine
Canara Bank, Bank of India, and IDFC FIRST Bank are shaking things up with savings account rates, offering up to 7% for some lucky savers! Canara's new rates start on September 5, while BOI and IDFC FIRST are already in action since September 1. Just remember, not everyone gets the top rate—check your balance slab for the real deal!
08:25 am on Thursday, 10 September, 2026

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