05 Nov , 2026 By : Shambhavi Mishra
? Quick Take: Domestic banks are beginning to increase their deposit rates due to shrinking liquidity conditions in the market. Bank of India recently announced a rate hike o...
A month after RBI’s rate hike, banks start raising deposit rates as liquidity shrinks, Bank of India the latest to move — Latest news and market updates in the financial news segment reported by et-banking-finance.
Domestic banks are beginning to increase their deposit rates due to shrinking liquidity conditions in the market. Bank of India recently announced a rate hike on deposits for various maturities, including a special 500-day option. This decision reflects the growing cost of deposits in the banking system as demand for credit rises. Banking system liquidity has significantly decreased from its peak in early September.
Market analysts and institutional observers are tracking the immediate implications of this development across the sector. Both retail investors and broader market participants are advised to monitor official disclosures for continued guidance.
Source Attribution: Originally reported by et-banking-finance (https://economictimes.indiatimes.com/industry/banking/finance/banking/a-month-after-rbis-rate-hike-banks-start-raising-deposit-rates-as-liquidity-shrinks-bank-of-india-the-latest-to-move/articleshow/135472353.cms).
Disclaimer: For educational and informational purposes only. Consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: The financial, market, and corporate developments published above are reported for informational and educational purposes only. GrowMudra does not provide investment advice or stock recommendations. Readers are strongly advised to consult a SEBI-registered financial advisor before making investment decisions.
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