Banking and RBI
RBI issues final Basel Pillar 3 disclosure directions for banks
30 July 2026 | Reserve Bank of India
The RBI said on 30 July 2026 that, after examining feedback on the draft Amendment Directions of 19 May 2026 on Basel Pillar 3 disclosures, it issued ten Amendment Directions revising instructions applicable to banks. These include the Commercial Banks and Small Finance Banks Prudential Norms on Capital Adequacy Amendment Directions, 2026.
A statement on the feedback received is annexed to the press release.
Key facts- Final directions issued: 30 July 2026
- Draft issued: 19 May 2026
- Number of Amendment Directions: ten
- Subject: Basel Pillar 3 disclosures
Exam takeaway: Pillar 3 of Basel norms deals with market discipline through disclosures.
Quick revision: RBI final Basel Pillar 3 directions issued (RBI, 30 July 2026).
Reserve Bank of India original sourceBanking and RBI
RBI revises bulk deposit interest rate rules for commercial banks, effective 1 October 2026
30 July 2026 | Reserve Bank of India
The RBI issued the Commercial Banks (Interest Rate on Deposits) Second Amendment Directions, 2026 on 30 July 2026, effective 1 October 2026. They revise instructions on rupee bulk deposits and disclosure of deposit interest rates.
Interest rates on deposits, including bulk deposits, must strictly follow the schedule disclosed in advance on the bank's website, with bulk deposit rates disclosed at 10:00 AM, with a grace period up to 10:10 AM, on every business day.
Key facts- Directions: Interest Rate on Deposits Second Amendment, 2026
- Issued: 30 July 2026
- Effective: 1 October 2026
- Bulk deposit rates disclosed: 10:00 AM daily
Exam takeaway: Bulk deposit rates must now follow a rate schedule disclosed in advance.
Quick revision: RBI revises bulk deposit rate directions; effective 1 Oct 2026 (RBI).
Reserve Bank of India original sourceNational and International Affairs
Rajya Sabha passes Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026
30 July 2026 | Press Information Bureau
PIB said the Rajya Sabha on 30 July 2026 passed the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, as passed by the Lok Sabha, by voice vote.
Replying to the discussion, Dr Jitendra Singh said the Bill is not confined to question paper leaks alone and seeks to prevent the entire spectrum of unfair means in public examinations.
Key facts- Bill: Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026
- Passed by: Rajya Sabha, by voice vote
- Replied by: Dr Jitendra Singh
- Scope: entire spectrum of unfair means
Exam takeaway: The original Act is the Public Examinations (Prevention of Unfair Means) Act, 2024.
Quick revision: Rajya Sabha passes public examinations amendment bill (PIB, 30 July 2026).
Press Information Bureau original source