HDFC Bank has announced a 25 basis points reduction in interest rates on its savings bank deposit accounts, marking the first cut since April 2022. Effective from 12 April 2025, this revision ...

HDFC Bank interest rates 2025: HDFC Bank, the second-largest bank in India by assets, has reduced its savings account interest rate by 25 basis points to 2.75%, the lowest among its private-sector ...

MUMBAI: HDFC Bank, India's largest private sector lender, has cut interest rates on savings accounts by 25 basis points to 2.75% to bring down its cost of funds and protect margins following the ...

Savings account interest rates are usually influenced by various factors such as the RBI's monetary policy, inflation and prevailing market conditions With Kotak Mahindra Bank reducing interest ...

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) cut the repo rate by 25 basis points (bps), from 6.25 percent to 6 percent. In his policy statement on April 9, RBI governor ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The interest rate on a savings ...

The average national interest rate for savings is 0.42%. Interest rates for savings accounts will continue to drop through the beginning of 2025. After a couple years of spiking interest rates in ...

They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. A savings account's annual percentage yield, or APY, determines the amount of interest ...

Savings account interest rates are following suit, with high-yield savings accounts paying more than 5.00% APY. With stocks struggling and bonds struggling in recent years, more banks have had to ...