Bandhan Bank Raises Fixed Deposit Rates by Up to 20 Basis Points

30 Jun 2026 CW Team

Bandhan Bank said it has raised its fixed deposit (FD) rates by 20 basis points (bps) on select tenors, increasing rates for the two- to three-year tenor to seven point nine five per cent for senior citizens and seven point four five per cent for others. The move reflects the lender's assessment of funding needs and market conditions.

For the three- to five-year bucket the bank raised rates to seven point seven five per cent for senior citizens and seven point two five per cent for other depositors, representing a broad upward adjustment in medium-term yields. The revision aims to attract longer-tenor retail deposits and strengthen the bank's liability profile.

The change comes as the six-member Monetary Policy Committee of the Reserve Bank of India (RBI) has held the repo rate at five point two five per cent for a third consecutive meeting, and banks are reassessing pricing amid slower deposit mobilisation. The change reflects wider market moves as institutions balance lending growth with deposit mobilisation.

Deposits have become a sharper focus as the credit-deposit growth gap widened to over 500 basis points, prompting lenders to compete more aggressively for retail savings. The pressure to mobilise funds has led multiple banks to refresh product offerings and lift term deposit yields.

State-owned Bank of Baroda last week launched a retail term deposit called the bob Golden Goal Deposit Scheme offering rates up to seven point four per cent per annum on tenures of 555 days for retail deposits below Rs 30 million (mn). The scheme sets separate callable and non-callable rates for the general public, resident senior citizens and resident super senior citizens aged eighty years and above.

Infrastructure Transport

30 Jun 2026

The Risk of Negative Bids

The phenomenon of negative bidding in India's roads sector has moved from being an occasional occurrence to an industry-wide concern. With contractors increasingly quoting significantly below project estimates to secure orders, questions are being raised over project viability, execution quality and the long-term sustainability of the contracting ecosystem.These concerns formed the core of a high-level industry roundtable organised by CW, where senior industry leaders deliberated on the reasons behind the trend, its implications and the reforms needed to restore discipline and sustainability i..

Building Faster, Cleaner and More Profitably

The First Construction Council (FCC), in association with CW magazine and supported by Autodesk as the Presenting Partner, recently convened an exclusive CXO roundtable titled “Building Faster, Cleaner and More Profitably: The Growth Playbook for Construction Leaders.”Held as part of a multi-city dialogue series spanning Mumbai, Bengaluru and Delhi, the roundtable brought together senior industry leaders to deliberate on the challenges and opportunities shaping India's construction and real-estate sectors...To read the full article Click Here ..

NICMAR’s campus is a live lesson in construction methodology

At NICMAR University, architecture becomes a live lesson in construction innovation. Pankaj Nande, Principal Architect, TDC Architecture and Design, explains how Alumil’s fenestration systems helped turn a precast campus vision into a functional, durable and future-facing learning environment for the next generation of builders.Please take us through your journey as an architect and some of the projects you have worked on.I am the founder of TDC- Architecture & Design, Pune. Our journey started with the thought of doing justice not only to design, but also to construction methodology, te..