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Bank deposit rates jump in March as RBI data shows 6 07% fresh rupee offers
Economy
Published on 30 April 2026
Rupee term deposits rose 42 bps in one month
RBI data shows a clear uptick in Indian bank deposit pricing. The weighted average domestic term deposit rate (WADTDR) on fresh rupee deposits climbed 42 basis points to 6.07% in March 2026, up from 5.65% in February. The move suggests banks are shifting toward an upward repricing cycle for new deposit inflows.
- WADTDR on fresh rupee deposits rose 42 bps in March
- Rate reached 6.07% after 5.65% in February
- RBI released the latest bank deposit pricing update
- Signals an upward repricing cycle by banks
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times