MUMBAI, India, June 5 -- Reserve Bank of India issued the following press release:
In order to provide greater flexibility to banks for pricing their Rupee bulk deposits, while ensuring uniformity in disclosure of interest rates on deposits, the Reserve Bank of India has today released the following draft Amendment Directions:
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Reserve Bank of India (Commercial Banks - Interest Rate on Deposits) Amendment Directions, 2026.
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Reserve Bank of India (Small Finance Banks - Interest Rate on Deposits) Amendment Directions, 2026.
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Reserve Bank of India (Regional Rural Banks - Interest Rate on Deposits) Amendment Directions, 2026.
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Reserve Bank of India (Payment Banks - Interest Rate on Deposits) Amendment Directions, 2026.
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Res...