At the short end, it said, 46-180 days term deposit will earn 50 basis points more at 4.50 per cent.
Deposits for above 1-2 years will earn an interest of 6.10 per cent, up from 5.50 per cent. For 2-3 years, the new rate is 6.25 per cent, up by 70 basis points. (Representative image from Reuters)