Have banks raised FD rates after the October 2026 repo hike?

Only a few, and mostly on special tenures. NewsKarnataka reported that Indian Bank raised two special FDs by 15 bps from 23 October, while SBI's chairman said on 8 October that he does not expect deposit rates to change for two to three months.

Why did my home loan EMI go up before my FD rate did?

Repo-linked loans reprice within days of an RBI move; several public sector banks raised these rates from 8 October and SBI from 15 October. Deposit rates are set by each bank and usually move more slowly.

What is the SGB premature redemption price this week?

The RBI set ₹14,213 per unit for SGB 2019-20 Series VI, redeemable on 30 October 2026, and ₹14,167 for SGB 2021-22 Series VII, due on 2 November. Each price is the average IBJA 999 gold closing price of the three business days before redemption.

Is RBI issuing a new ₹1,000 note?

No. PIB Fact Check said on 27 October 2026 that the viral claim is fake and the RBI has made no such announcement.

Do I have to pay a fee on UPI payments now?

No. UPI remains free for consumers. NPCI's planned fee (MDR) is paid by merchants on specified payments above ₹2,000, and on 13 October NPCI deferred it to a date after Diwali that it will notify separately.

This week in money: loans up, FDs slow, gold dips (23–31 Oct 2026)

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This week in money: loans up, FDs slow, gold dips (23–31 Oct 2026) | Spendzie