Indian Bank Raises Special Term Deposit Rates by 15 Basis Points from October 23
Indian Bank has increased interest rates on its 555-day and 777-day special term deposit schemes by 15 basis points, effective October 23. The rates for the 555-day and 777-day deposits have been raised to 6.80% and 6.75%, respectively. This move follows the Reserve Bank of India's recent 25 basis point repo rate hike. The bank's managing director noted that Indian Bank does not have surplus liquidity, having reduced bulk deposits and raised foreign currency non-resident-bank deposits during the second quarter.
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 (50/100). Lens Score 42/100.
Outlets measured: businessstandard, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 22 Oct, 02:08 pm. Other outlets followed.
- 1