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        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

        Provisions expressly mentioned in the judgment/order text.

        <h1>Differential interest rates on large term deposits permitted when disclosed in advance; banks urged to adopt transparent pricing.</h1> Banks may offer differential interest rates on single-term deposits of Rs.15.00 lakh and above at their discretion, provided the interest rates payable are disclosed in advance to the depositor and are not subject to negotiation. RBI has required banks to adopt a Board-approved transparent policy on pricing of liabilities and to ensure minimal variation between rates on large single-term deposits and other term deposits; the Government has advised public sector banks to reduce high-cost deposits.

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