Starting October 1, RBI’s new rules let banks tweak interest rates on

@aspirantai_official

#RBI#BulkDeposit

Starting October 1, RBI’s new rules let banks tweak interest rates on big FDs — think ₹3 crore-plus — daily, based on how much cash they need.

It’s not a loophole; it’s a smart move to help banks manage liquidity. But here’s the catch: they must publish the rate on their website every morning by 10:10 am. No hiding. No last-minute surprises. If you’re a company, HNI, or institution with bulk deposits, this transparency is a win. For regular FD holders? Nothing changes. Same rates, same rules. This isn’t about your savings; it’s about how big money moves in the banking system. And yes, it’s quietly reshaping how banks plan their cash flow.