ICICI Bank and Indian Bank Raise Fixed Deposit Interest Rates After RBI Repo Hike
Following the Reserve Bank of India's repo rate hike to 5.50%, several banks including ICICI Bank and Indian Bank have increased fixed deposit (FD) interest rates on select tenures. ICICI Bank raised rates by 10 basis points for deposits under Rs 3 crore, offering up to 6.60% for general customers and 7.20% for senior citizens on certain terms. Indian Bank increased rates by 15 basis points on its 555-day Ind Grow and 777-day Ind Prosper FDs, with additional benefits for senior and super senior citizens. Other banks like SBI and HDFC Bank have maintained their rates.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (51/100). Lens Score 45/100.
Outlets measured: economictimes, mint. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
mint broke this story on 25 Oct, 03:01 pm. Other outlets followed.