New Delhi, Nov. 4 -- Several banks have increased their fixed deposit (FD) interest rates in November 2026 following the Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points to 5.50% in its 7 October monetary policy review.

The latest revisions cover private sector lenders, public sector banks and small finance banks, with senior citizens generally eligible for higher interest rates than regular depositors.

Kotak Mahindra Bank, Axis Bank, Canara Bank, Suryoday Small Finance Bank and Utkarsh Small Finance Bank are among the lenders whose revised rates depositors can compare this month. Suryoday SFB offers the highest rate of 8.60% to senior citizens.

The rates depend on the deposit tenure, customer category, ...