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:

1. Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Amendment Directions, 2026.

2. Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Amendment Directions, 2026.

3. Reserve Bank of India (Regional Rural Banks – Interest Rate on Deposits) Amendment Directions, 2026.

4. Reserve Bank of India (Payment Banks – Interest Rate on Deposits) Amendment Directions, 2026.

5. Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Amendment Directions, 2026.

6. Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Amendment Directions, 2026.

2. The comments / feedback on the draft Amendment Directions may be submitted by the regulated entities and members of public/other stakeholders on or before June 20, 2026, through the following channels:

i. the ‘Connect 2 Regulate’ section on the website by following the corresponding hyperlink provided against each document in the page where they are hosted; or

ii. by email with the subject line 'Feedback on (full name of the draft Amendment Directions (including the type of Regulated Entity))'.

(Brij Raj)           
Chief General Manager

Rupee bulk deposit pricing and interest rate disclosure rules are proposed for banks under draft RBI amendment directions. Greater flexibility for banks in pricing Rupee bulk deposits and uniformity in disclosure of interest rates on deposits are proposed through draft amendment directions issued for commercial banks, small finance banks, regional rural banks, payment banks, local area banks and urban co-operative banks. Comments and feedback on the draft amendment directions may be submitted by regulated entities and members of the public or other stakeholders up to the specified deadline through the online regulatory consultation platform or by email using the prescribed subject line for the relevant draft direction.