Fixed deposit rates inch up at small finance banks

One-year deposits now pay up to 7.6 percent in our fictional table.

By Anil D'Souza

Published 26 October 2026 at 1:21 am IST · 1 min read

A desk with a laptop and a calculator — Stock photograph used as an illustration; it does not show the place, event or people in the story. Photo: Photo: AnonymousUnknown via Wikimedia Commons (CC0-1.0)

Key points

One-year deposits now pay up to 7.6 percent in our fictional table.
Who is affected first, and how.
What to watch for next.

People we spoke to welcomed the news but asked for clear timelines and regular updates.

What happens next

Officials said a public feedback window will stay open for 15 days.

Also read: Explained: the new tax regime vs the old, with three salaries

This is a demo story: every name, place, organisation and figure in it is fictional.

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