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RBI Permits Customer Deposit Details in Statements by Year-End
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CNBC TV18•07-10-2026, 10:35
RBI Permits Customer Deposit Details in Statements by Year-End
- •The Reserve Bank of India has announced new measures allowing SEBI-registered depositories to include customer deposit details in their statements.
- •The initiative is part of the central bank's October monetary policy measures aimed at improving financial market infrastructure.
- •The directive is scheduled to be fully implemented by the end of 2026, with comprehensive operational details expected soon.
- •The announcement coincided with the RBI Monetary Policy Committee raising the repo rate by 25 basis points to 5.50 percent.
Key Questions Answered
The Reserve Bank of India announced measures allowing SEBI-registered depositories to incorporate customer deposit details directly into their statements, aiming to improve financial market infrastructure and information access for customers by the end of 2026.
The RBI stated that the new measure enabling customer deposit details to be reflected in depository statements will be fully implemented by the end of 2026, with additional operational details to be released later.
On Wednesday, October 7, 2026, the RBI Monetary Policy Committee unanimously increased the repo rate by 25 basis points to 5.50% and shifted its policy stance to calibrated tightening by a 4:2 majority.
