MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification:
RBI/2025-26/134
DOR.SOG(SPE).REC.8/13.03.00/2025-26
April 01, 2025
All banks authorised to operate in India
Madam/ Sir,
Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2025
Please refer to Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2016 dated March 3, 2016, and Master Direction - Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016 dated May 12, 2016.
2. In order to have all instructions related to Interest Rate on Deposits applicable to banks in one place, it has been decided to issue a comprehensive Master Direction. The Master Direction - Res...