Company updateEconomic Times
Banks hike FD rates to 8.25% for general, 8.60% seniors
Positive+19
GreyOak summary
Major Indian banks including HDFC, ICICI, and PNB revised their fixed deposit interest rates effective in November 2026. General customers can now earn up to 8.25%, while senior citizens receive rates as high as 8.60% on select tenures. These increases aim to attract deposits amidst competitive banking conditions.
What it affects
- HDFC BankHDFCBANKPositive +19
Hiked rates to 6.60% for generalRolling sentiment Neutral +2
- ICICI BankICICIBANKPositive +19
Rates revised to 6.6% general, 7.20% senior citizens.Rolling sentiment Neutral +8
- Punjab National BankPNBPositive +19
Rates updated to 6.60% general, 7.10% seniors.Rolling sentiment Neutral -11
- Canara BankCANBKPositive +19
Increased 555-day rate to 6.75% general, 7.25% seniors.Rolling sentiment Neutral +10
- Financial ServicesPositive +19
Rolling sentiment Positive +26
Source
Read the original at Economic TimesMore HDFC Bank news
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