PNB and Canara Bank revise FD interest rates
In short
Punjab National Bank and Canara Bank updated their fixed deposit rates, effective from November 2026. The publisher summary says senior citizens can get up to 7.25%.
This matters for savers comparing bank returns. The reporting does not give the full rate list or explain why the banks changed rates.
What the reporting says
Punjab National Bank and Canara Bank revised their fixed deposit interest rates, with the update said to be effective from November 2026. The publisher summary says senior citizens can earn up to 7.25% and notes that Bank of India also recently revised FD rates. The reporting does not provide the full rate tables, the exact reason for the changes, or which deposit tenures were altered.
Why it matters
Punjab National Bank and Canara Bank updated their fixed deposit rates, with the change effective from November 2026. The publisher summary says senior citizens can earn up to 7.25%, and also notes that Bank of India recently revised FD rates. The available reporting does not show the full tenor-wise rates or the reason for the revision, so the immediate impact is limited to rate comparison for depositors.