PhonePe Launches Fixed Deposit Platform and Daily Recurring Deposit Feature
PhonePe has launched a Fixed Deposit (FD) distribution platform in partnership with leading banks and NBFCs, allowing users to browse, compare, and book FDs digitally with tenures from 7 days to 10 years. The app also introduced a Daily Recurring Deposit (RD) product starting at Rs 100 per day via UPI AutoPay, aimed at promoting disciplined savings. Deposits are insured up to Rs 5 lakh under the DICGC scheme, and users can manage multiple FDs across partner banks within the app.
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 positive (68/100). Lens Score 36/100.
Outlets measured: economictimes, timesnow. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (52–70/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
timesnow broke this story on 6 Aug, 11:08 am. Other outlets followed.
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