Banks Raise Deposit and CD Rates Amid Tightening Liquidity After RBI Hike
Following the Reserve Bank of India's recent policy rate hike, domestic banks have begun raising deposit and certificate of deposit (CD) rates amid tightening liquidity and increased credit demand. Bank of India raised deposit rates by 10 to 35 basis points for maturities between one and three years, introducing a special 500-day deposit option. Public-sector banks have also seen one-year CD rates rise above 8%, driven by higher treasury-bill yields and reduced liquidity. Market observers anticipate further rate increases to manage inflation.
First-hand measurement across 3 sources
We measured how 3 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 45/100.
Outlets measured: economictimes, economictimes, 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 2 Nov, 07:01 pm. Other outlets followed.