No more running between branches just to hunt for a higher rate. Same day, same deposit amount? Same rate everywhere. Banks must now publish rates online daily by 10 AM. No more hidden differences. While retail FD rates won’t jump overnight, this move forces banks to be honest and consistent. For bulk deposits, banks get more flexibility; but you get more clarity. If you’re comparing FDs, this is the update you didn’t know you needed. The biggest win? Transparency. No more guesswork. Just better choices.