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RBI Issues Third Amendment Directions for Commercial Banks' Interest Rates
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Reserve Bank of Indiabanking

RBI Issues Third Amendment Directions for Commercial Banks' Interest Rates

September 6, 2026

The RBI has released Third Amendment Directions regarding interest rates on deposits for commercial banks. This regulatory update aims to improve the framework for deposit management.

RBI Issues Third Amendment Directions for Commercial Banks' Interest Rates

The Reserve Bank of India has issued the Third Amendment Directions addressing interest rates on deposits for commercial banks, with effect from August 25, 2026. This amendment is part of the RBI's strategy to modernize and refine bank regulatory practices.

The amendments allow commercial banks to adapt their interest rate strategies, thus promoting a more competitively sensitive market environment, which can benefit depositors through higher returns.

Legal advisors for commercial banks should ensure that their clients comply with these directives and are prepared to make adjustments to their deposit policies as necessary.

Citations

  • RBI Circular No. 243 (2026) DOR.SOG(SPE).REC.211/13.03.00
Practice Areas:banking

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