The Reserve Bank of India’s (RBI) monetary policy committee (MPC) meeting is set to take place from December 3-5, 2025. Ahead of this meeting, two banks, Dhanlaxmi Bank and Jana Small Finance Bank (SFB), have revised their fixed deposit (FD) rates. As of November 29, 2025, these banks have updated their interest rates to offer higher returns to their customers, particularly senior citizens.
Dhanlaxmi Bank and Jana Small Finance Bank have increased their FD rates to provide senior citizens with interest rates of up to 8% on their deposits. This move is expected to attract more customers, especially seniors, to invest in fixed deposits. The revised rates are competitive and aim to provide higher returns to depositors.
The revision in FD rates by these two banks may be a precursor to other banks following suit. With the RBI’s MPC meeting scheduled to take place soon, there is anticipation about potential changes in interest rates. The MPC meeting will discuss and decide on key policy rates, which can impact the overall interest rate environment in the country.
The increase in FD rates by Dhanlaxmi Bank and Jana Small Finance Bank is a strategic move to stay competitive in the market. Other banks may also consider revising their FD rates to remain attractive to customers. The revised rates offered by these two banks are likely to benefit senior citizens, who often rely on fixed deposits as a safe and stable investment option.
In the current economic scenario, the revision in FD rates is a significant development. With the RBI’s MPC meeting approaching, market participants are eagerly awaiting the decision on interest rates. The outcome of the meeting will have a significant impact on the economy, and the revision in FD rates by Dhanlaxmi Bank and Jana Small Finance Bank may be an indication of the direction in which the interest rates are headed. Overall, the increase in FD rates is a positive development for customers, particularly senior citizens, who can now earn higher returns on their deposits.