RBI Governor Sanjay Malhotra said that the Monetary Policy Committee has unanimously decided to retain the repo rate at 5.25%.
1/9The Reserve Bank of India (RBI) has kept interest rates unchanged even as inflationary concerns persisted. Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said that the Monetary Policy Committee has unanimously decided to retain the repo rate at 5.25%. While the RBI also retained its ‘neutral’ stance, some banks have revised their fixed deposit (FD) rates. Among those who have revised their interest rates are Bandhan Bank, Yes Bank, Punjab National Bank, Central Bank of India, Union Bank of India and more. (Image X)
2/9Central Bank of India | Revised rates effective from August 1 offer 6.25% for 60-90 days, 6.50% for 91-179 days, 6.75% for 180-270 days, 6.90% for 271-364 days, as noted by the Central Bank of India. (Image Reuters)
3/9Bank of Maharashtra | Revised its fixed deposit (FD) rates on July 27, 2026, the bank now provides up to 6.65% p.a. for a tenure of 400 days. (Image X)
4/9Axis Bank | Updated its deposit rate structures effective July 7, 2026, Axis Bank is offering peak general rates up to 6.50% p.a. for a tenure of 18 months. (Image Reuters)
5/9Bank of Baroda | This bank is offering fixed deposit interest rates of up to 6.75% for a tenure of 555 days, as updated on July 11, 2026. (Image CNBCTV18.com file)
6/9Union Bank of India | Depositors at Union Bank of India can now earn an interest rate of 6.65% per annum on FDs with a tenure of 555 days. The next highest interest rate return is 6.50% in 444 days. (Image /Reuters)
7/9Punjab National Bank | The bank offers fixed deposit interest rates ranging from 3% to 6.60% p.a. for the general public, 3.50% to 7.10% p.a. for senior citizens, and 3.80% to 7.40% p.a. for super senior citizens on deposits under Rs 3 crore. Its highest FD rate of 6.60% is for a tenure of 444 days. Senior citizens and super senior citizens during the similar tenure get 7.1% and 7.4% per annum interest rate. (Image Shutterstock)
8/9Yes Bank | Revised on June 2, the private sector lender offers its highest FD rate for deposits with a tenure of 18 months and 1 day to less than 24 months. The bank raised the rate from 7.0% to 7.25% for 18 months 1 day to less than 24 months. (Image Reuters)
9/9Bandhan Bank | The private sector lender revised FD rates on June 20, 2026. After the revision, senior citizens will be able to get the highest rate of 7.95% for a tenure of between 2 years to less than 3 years, while others get 7.45% p.a. interest for the same tenure. (Image Reuters)
