RBI eases digital banking rules; lets banks show products after login
The RBI is shaking up digital banking rules—starting January 2026, commercial banks (excluding Small Finance Banks, Payments Banks, and Local Area Banks) can display approved products (like bank services, government schemes, and financial third-party products for which the bank has a distribution arrangement) after you log in to your account.
The new guidelines also make it easier for banks to launch digital features, as long as they have solid cybersecurity in place.
Why does this matter for you?
You'll have more control: banks now need your clear consent before signing you up for any digital service.
Digital banking is split into "view-only" (just checking info) and "full-access" (making transactions), so you pick what fits.
Plus, banks can't force you into digital banking or sneakily bundle unrelated services—meaning safer and more flexible options whenever you bank online.