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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934 (as applicable to Financial Sector)

RBI issues Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Second Amendment Directions, 2026

30-Jul-2026 | RBI/2026-27/218 DOR.SOG(SPE).REC.177/13.03.00/ 2026-27

RBI has issued Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Second Amendment Directions, 2026 effective from 1st October, 2026 Through this amendment, paragraph 6(2) and 6(3) of Chapter II ‘General Guidelines (Interest Rate Framework) have been substituted and now states as The interest rates offered on deposits, including bulk deposits, shall be uniform across all branches and for all customers and there shall be no discrimination in the matter of interest paid on the deposits, between one deposit and another deposit of similar amount, accepted on the same date, at any of its offices or Interest rates payable on deposits, including bulk deposits, shall be strictly as per the schedule of interest rates disclosed in advance on the bank’s website. However, interest rates payable on bulk deposits shall be disclosed on the bank’s website at 10:00 am with a grace time of 10 minutes, latest by 10:10 am, on each business day, respectively.

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Recent Posts in Corporate Laws

Corporate Laws

SEBI issues press release on “Samajh Se Investing Simple” Campaign under Project Jagrook

05-Oct-2026 | PR No.61/2026

SEBI has issued press release on “Samajh Se Investing Simple” Campaign under Project Jagrook Through this Press Release, The ca

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Corporate Laws

NSE reiterate the circular issued by SEBI regarding Introduction of Credit Risk-o-Meter as an additional disclosure mechanism for debt securities

08-Oct-2026 | NSE/COMP/76794

NSE has reiterated the circular issued by SEBI regarding Introduction of Credit Risk-o-Meter as an additional disclosure mechanism for debt

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Corporate Laws

NSDL reiterate the circular issued by SEBI regarding Master Circular for Debenture Trustees

08-Oct-2026 | NSDL/CIR/II/50/2026

NSDL has reiterated the circular issued by SEBI regarding Master Circular for Debenture Trustees Through this circular, Issuers and RTAs ar

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Corporate Laws

BSE issues circular regarding Cyber Audit on Half Yearly basis for Audit Period ending September 30, 2026

08-Oct-2026 | 20261008-51

BSE has issued circular regarding Cyber Audit on Half Yearly basis for Audit Period ending September 30, 2026 Through this circular, with r

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Recent Posts

Corporate Laws

SEBI issues press release on “Samajh Se Investing Simple” Campaign under Project Jagrook

05-Oct-2026 | PR No.61/2026

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Industry specific-Medical

Government of Chhattisgarh has declared snakebite and death due to snakebite as notifiable diseases

24-Sep-2026 | No. GENCOR/707/2025-HEALTH SECTION-1

The Government of Chhattisgarh has declared snakebite and death due to snakebite as notifiable diseases throughout the State under Sections

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Labour Laws

Bihar Government Notification on Implementation of Section 27 and Schedule VII of the Bihar Ease of Doing Business Act 2026 for Dispensation of Duplicate Licences

09-Oct-2026 | No- DMSME/Deregulation vivid/11/2026-2495—1.

The Department of Industries, Government of Bihar, has notified the implementation of Section 27 read with Schedule VII of the Bihar Ease of

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Taxation

CBIC issues circular regarding clarification on the scope of “Power Bank” for Basic Customs Duty Concession on Battery Energy Storage Systems

09-Oct-2026 | Circular No. 45/2026-customs

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