Fixed deposit investors are closely watching interest rates after the Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 5.5% in its latest monetary policy committee (MPC) meeting today (Friday, June 5, 2026). Several banks have already revised their fixed deposit (FD) interest rates in June 2026.
For savers looking to lock in attractive returns, some banks are offering up to 8% interest to senior citizens on select tenures. Punjab National Bank (PNB), Ujjivan Small Finance Bank, Union Bank of India and DCB Bank are among the lenders that have revised their FD rates this month.
