StackLeaf
← Back to feed
VERIFIEDMint Money·neutral

RBI fixed deposit rules changes: Could this impact FD interest rates for customers? We explain…

AI Summary
  • ·RBI has permitted banks to offer varied interest rates on bulk deposits.
  • ·These differential rates will be determined by the liquidity risk of the deposits.
  • ·The changes are linked to the Liquidity Coverage Ratio (LCR) framework.
Read original →