Positive impactCompany

Indian Bank hikes interest rates on special-tenure fixed deposits — check how much 555-day and 777-day FDs are offering

Mint 1 hr ago·25 Oct 2026, 2:59 pm

Indian Bank has increased interest rates on two of its special tenure fixed deposits. The 555-day 'Ind Grow' and the 777-day 'Ind Prosper' deposits now offer higher returns, with the rate hike amounting to 15 basis points. This adjustment is effective from October 23, 2026.

For investors, this move is significant as it offers a higher yield compared to standard fixed deposits. The longer tenure of these specific deposits provides an opportunity for those seeking stable returns with a fixed lock-in period. It is a competitive option for risk-averse investors looking to park their funds.

Investors should compare these new rates with other banks and fixed-income instruments. They should also check if the bank offers any special benefits or bonuses for these tenures. It is advisable to review the terms and conditions before making a decision.

Excerpt from Mint

Indian Bank has raised rates by 15 basis points on its 555-day Ind Grow and 777-day Ind Prosper fixed deposits, effective October 23, 2026. Check latest rates here. Public-sector lender Indian Bank has increased interest rates by 15 basis points each on two of its special fixed deposit (FD) schemes, with the revised…
Read the original at Mint

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Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.

Key takeaways

  • Concerns Indian Bank (INDIANB).
  • Category: Company.
  • AI reads the tone as positive (potentially bullish) for the stock.

Why it matters

A routine update for Indian Bank. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Mint.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.