Reforms require for better governance

As has been noticed in last two days RBI quotations the rate of interest is still to go up by at least one percent.All state corporations, urban local bodies or other authorities having fund for long term capital nature might have put as fixed deposits in concerned banks foe fixed tenure. Last year the same was bellow 6 percent while prior to it it was even lower. If compared the same with this year April post at least difference of 2 to 3 percent & in case of long term it will be more. Why the same should not be withdrawn premature & put again with increased rate? if calculated the premature penal interest even it may turn in public benefit. Rather than benefit of only public sector banks. Should this be not examined?