Neutral impactSector
The Latest Fixed Deposit Interest Rates: Sep 18, 2026
BusinessLine 1 hr ago·18 Sept 2026, 1:30 pm
Major banks in India have revised their fixed deposit (FD) interest rates effective September 18, 2026. This adjustment impacts the returns on term deposits for customers across various tenures, with rates varying slightly between different banks.
For investors, this move is significant as it directly affects the interest income from savings parked in FDs. With the Reserve Bank of India maintaining a stable repo rate, these updates reflect the competitive strategies banks are using to attract deposits while managing their lending portfolios.
Investors should compare the new rates across different banks to ensure they are getting the best return on their capital. Monitoring these trends can help in making informed decisions about where to park short-term funds for maximum safety and yield.
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- Category: Sector.
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