RBI to add FD details to consolidated account statements
In short
The RBI is set to include fixed deposit details in consolidated account statements. The goal is to give investors one statement with bank deposits and investments, and the change is expected by 31 December 2026.
This could make it easier for savers to see everything in one place, but the report does not say exactly how the system will work or who will be covered first.
What the reporting says
The RBI is expected to soon include fixed deposit details in consolidated account statements, according to publisher summaries. The reporting says investors may get one view of bank deposits and investments, with implementation expected by 31 December 2026. The immediate benefit is simpler tracking for savers, while the exact rollout process and scope are not stated in the available reporting.
Why it matters
The RBI is reported to be preparing a change that will add fixed deposit details to consolidated account statements, giving investors a single view of deposits and investments. The publisher summary says implementation is expected by 31 December 2026. This should improve account visibility for savers and investors, but the reporting does not specify the technical rollout, coverage, or operational impact on banks and investment platforms.