AdvertisementThe Regulatory Update relates to the Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Second Amendment Directions, 2026, issued on 30 July 2026 as an amendment to the Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Directions, 2025, and effective from 1 October 2026. The amendment revises the instructions relating to interest rates on rupee bulk deposits and disclosure of deposit interest rates. Reserve Bank of IndiaRBI/2026-27/215DOR.SOG(SPE).REC.178/13.03.00/2026-27 | Dated: July 30, 2026Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Second Amendment Directions, 2026Please refer to the Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Directions, 2025 (hereinafter referred to as ‘Directions’), dated November 28, 2025. On a review, it has been decided to issue revised instructions pertaining to interest rate on Rupee bulk deposits and disclosure of interest rates on deposits. These Amendment Directions shall be called the Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Second Amendment Directions, 2026.