Indian Bank hikes special FD rates to 6.80%: How it compares with PSUs, private banks, small finance banks

Indian Bank reported movement of 6.80%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -2.2% on the day at ₹837.15, and has returned +3.4% over three months. It sits 16% below its 52-week high. The banks sector has moved -4.2% over the same period, so Indian Bank is running 7.6 points ahead of its peers.

For Indian Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.