{
  "id": 12547324,
  "title": "Will FD interest rates rise after RBI repo rate hike?",
  "url": "https://urgent.news/2026/10/07/will-fd-interest-rates-rise-after-rbi-repo-rate-hike",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T04:35:12.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/invest/rbi-mpc-october-2026-repo-date-decision-25-bps-hike-can-banks-raise-fd-interest-rates-now-as-reserve-bank-increases-rate/articleshow/134746120.cms"
  },
  "original_language": "en",
  "account": "Fixed deposit investors have faced historically low interest rates for the past four years. However, the situation could change following the Reserve Bank of India's (RBI) recent decision to raise the repo rate from 5.25% to 5.50%. This marks the first increase in the repo rate since February 2023, as banks had previously reduced rates. The RBI's decision may be driven by supply disruptions due to geopolitical tensions, high crude prices, and a rate hike by the Federal Reserve. As a result, FD rates may also start increasing over time. Adhil Shetty, CEO of Bankbazaar, notes that savers may see higher deposit rates as new deposits are reevaluated. Investors should monitor the RBI's stance and pace of further rate hikes, as well as check how their own loans and deposits are affected. Retail inflation in August was 4.84%, below the RBI's upper tolerance band of 6%, but it has been rapidly rising and is expected to increase further. Factors such as supply disruptions, high crude prices, and a Fed rate hike suggest potential further inflation, which could prompt the RBI to raise rates. When the RBI increases rates, banks typically follow suit within a few days to six weeks. However, high credit growth can also pressure banks to offer more FDs to attract deposits.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/12547324.png",
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "RBI raises the Repo Rate by 25 bps to 5.5% in October, as expected",
        "url": "https://urgent.news/2026/10/07/rbi-raises-the-repo-rate-by-25-bps-to-5-5-in-october-as-expected",
        "published": "2026-10-07T00:30:00.000Z"
      },
      {
        "outlet": "The Economic Times - Economy",
        "title": "RBI MPC Meeting 2026: Malhotra & Co hike repo rate by 25 bps to 5.50% for first time in nearly 4 years as inflation pressures build",
        "url": "https://urgent.news/2026/10/07/rbi-mpc-meeting-2026-malhotra-co-hike-repo-rate-by-25-bps-to-5-50-for",
        "published": "2026-10-07T04:32:38.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "Repo rate hiked by 25 bps to 5.50 pc: Why RBI has hiked interest rates; EMIs of borrowers set to rise",
        "url": "https://urgent.news/2026/10/07/repo-rate-hiked-by-25-bps-to-5-50-pc-why-rbi-has-hiked-interest-rates",
        "published": "2026-10-07T04:41:10.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "RBI hikes interest rates by 25 bps: What next for the markets?",
        "url": "https://urgent.news/2026/10/07/rbi-hikes-interest-rates-by-25-bps-what-next-for-the-markets",
        "published": "2026-10-07T05:23:27.000Z"
      },
      {
        "outlet": "Times of India",
        "title": "RBI raises interest rates, hikes FY27 growth forecast by 40 bps and inflation by 20 bps",
        "url": "https://urgent.news/2026/10/07/rbi-raises-interest-rates-hikes-fy27-growth-forecast-by-40-bps-and",
        "published": "2026-10-07T05:51:28.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}