PNB and Canara Bank revise FD rates from November 2026
In short
PNB and Canara Bank changed their fixed deposit rates in November 2026. PNB’s update starts on November 1, and Canara Bank’s on November 2. Axis Bank also changed rates on bulk deposits of ₹3 crore and above from November 3.
This matters because savers may earn different returns now, especially general customers and senior citizens. The report does not give the exact rate changes.
What the reporting says
PNB and Canara Bank revised fixed deposit interest rates from November 1 and November 2, 2026, respectively, according to the publisher summary. The changes affect select tenures for general customers and senior citizens, while Axis Bank also revised rates on bulk deposits of ₹3 crore and above from November 3. The immediate consequence is changed returns on deposits, but the exact new rates are not stated in the available reporting.
Why it matters
PNB and Canara Bank revised fixed deposit interest rates from November 1 and November 2, 2026, while Axis Bank also changed rates on bulk deposits of ₹3 crore and above from November 3. The reporting says the updates affect select tenures and returns for general customers and senior citizens. That means deposit income has changed for some savers, but the source does not state the new rate table or which tenures were altered.