News > Banks FD rates: Process of increasing interest rates on FDs of banks continues in the new year, See the complete list & rates here

Banks FD rates: Process of increasing interest rates on FDs of banks continues in the new year, See the complete list & rates here

In the last year, most of the banks started increasing the interest rates after the increase in repo rate by RBI. RBI started increasing the repo rate in May 2022 and till now the central bank has increased it up to 2.25 per cent. The latest hike in the repo rate by the RBI was done during its December 7 policy meeting. At that time it increased by 0.35 per cent. Here is list of banks which have increased the interest on FD in the year 2023.