Bank deposit rates are set to rise. Costs for certificates of deposit have increased, signaling banks will soon offer better returns to savers. This is driven by tighter liquidity and higher demand for funds. Experts anticipate deposit rates will move upwards, even without an immediate policy rate hike from the Reserve Bank of India.

Bank deposit rates are set to rise. Costs for certificates of deposit have increased, signaling banks will soon offer better returns to savers. This is driven by tighter liquidity…

Savers could see higher returns on bank deposits in the coming months as the cost of certificates of deposit (CDs), which had been viewed as a leading indicator for broader…