FD details soon to be included in consolidated account statement: What it means for investors

The Reserve Bank of India (RBI) is set to introduce a new feature that will allow investors to view their bank deposits and investments in a single consolidated account statement. This initiative, expected to be implemented by December 31, 2026, aims to provide a comprehensive view of an investor's financial portfolio. The move is likely to enhance transparency and convenience for investors, enabling them to monitor their investments more effectively.