North India Statesman
The Reserve Bank of India’s (RBI) revised regulatory framework governing interest rates on deposits officially comes into effect on October 1, 2026. The amended directions, notified under Section 35A of the Banking Regulation Act, introduce significant reforms to how commercial banks set, publish, and honor interest rates. Aimed at enhancing …
Read More »RBI’s New Fixed Deposit Rules Take Effect From October 1: Key Changes Explained for Depositors
