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RBI mandates uniform bulk deposit rates from Oct 1

short by / on Monday, 28 September, 2026
From October 1, 2026, RBI requires all banks to display bulk deposit interest rates uniformly across every branch with no variation. Rates must be published on bank websites by 10:10 am each business day. Banks retain flexibility for larger deposits but cannot use complex pricing for deposits under ₹3 crore.
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