RBI to integrate bank deposit details into Consolidated Account Statements by December
14 Oct 2026Updated 22 min ago1 source
The Reserve Bank of India announced a new measure allowing SEBI-regulated depositories to include bank deposit account information in the Consolidated Account Statement. RBI Governor Sanjay Malhotra stated that this integration is scheduled to be implemented by December 31, 2026, simplifying how depositors track their financial assets.
NIKAN Intelligence
What happened
The Reserve Bank of India (RBI) announced measures on October 7, 2026, to allow SEBI-regulated depositories to include information about bank deposit accounts in the Consolidated Account Statement (CAS).
Why it matters
This initiative will enable depositors to view their various bank deposits alongside their security market investments in a single statement, facilitating easier financial tracking.
What we know
- The policy was announced on October 7, 2026.
- SEBI-regulated depositories are authorized to include deposit account information in CAS.
- The measures are scheduled to be implemented by December 31, 2026.
- Sanjay Malhotra is the RBI Governor.
What we don't know
- The exact list of banks that will participate in the initial rollout.
- Whether there will be any charges levied on depositors for accessing this integrated statement.
- The technical specifications or security protocols governing data sharing between banks and SEBI depositories.
What's next
The implementation of the new measures is scheduled to be completed by December 31, 2026.
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