Indian Bank Raises Interest Rates on 555- and 777-Day Term Deposits by 15 Basis Points
Indian Bank has raised interest rates by 15 basis points on its 555-day and 777-day special term deposit schemes, effective October 23. The 555-day deposit rate increased to 6.80% from 6.65%, and the 777-day rate to 6.75% from 6.60%. This move follows the Reserve Bank of India's recent 25 basis point repo rate hike. Indian Bank cited limited surplus liquidity and adjustments in bulk and foreign currency deposits as factors influencing the rate revision.
First-hand measurement across 4 sources
We measured how 4 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 (50/100). Lens Score 42/100.
Outlets measured: moneycontrol, economictimes, businessstandard, economictimes. 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
economictimes broke this story on 22 Oct, 02:08 pm. Other outlets followed.