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Big hit to savings account holders: SBI, HDFC Bank, ICICI Bank cut interest rates in June 2025
In June 2025, several major banks in the country, including State Bank of India (SBI), HDFC Bank, and ICICI Bank, reduced their interest rates on savings accounts following a 50-basis-point repo rate ...
ICICI Bank FD Rates: ICICI Bank has also announced a cut of 25 basis points in its savings account rates and 50 basis points in the interest rates of fixed deposits. The new FD rates have come into ...
MUMBAI, May 3 (Reuters) - Higher savings account interest rates may pull down net interest margins for banks by around 10 basis points but the impact on net profit will be partly offset by higher fee ...
The reaffirmation, according to the Moody's, reflects the bank's robust financial position, which is underpinned by a ...
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