RBI bulk FD rules start October 1: What bank customers should check

RBI's revised bulk fixed-deposit rules take effect on October 1, 2026. The changes require clearer daily rate disclosure and consistent pricing for similar large deposits, while most retail fixed deposits remain outside the central change.

New Reserve Bank of India rules for bulk fixed deposits will take effect on October 1, 2026. The changes focus on how banks set and publish interest rates for large deposits, rather than changing the terms of ordinary retail fixed deposits.

A bulk deposit is generally a single rupee term deposit of Rs 3 crore or more for commercial banks and small finance banks. Customers holding smaller fixed deposits should not assume that their........

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