05-November-2026
Banking
 
A month after RBI’s rate hike, banks start raising deposit rates as liquidity shrinks, Bank of India the latest to move
03-Nov-2026

About a month after the central bank raised policy rates for the first time in four years, domestic banks are starting to raise deposit rates-albeit marginally-as liquidity shrinks and demand for credit surges through the busy season.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/banking/a-month-after-rbis-rate-hike-banks-start-raising-deposit-rates-as-liquidity-shrinks-bank-of-india-the-latest-to-move/articleshow/135472353.cms