HDFC Bank has reduced its savings account interest rates by 25 bps, impacting all customers. This revision marks the first rate cut since April 2022, prompting a comparison with SBI, ICICI, and PNB.

HDFC Bank’s shares rose nearly 4% after announcing a cut in savings account interest rates to 2.75% for deposits below ₹50 ...

HDFC Bank has announced a 25 basis points reduction in interest rates on its savings bank deposit accounts, marking the first ...

The country’s largest lender State Bank (SBI) has reduced its lending rate by 25 basis points following the Reserve Bank’s policy rate cut, making loans cheaper for both existing and new borrowers.

Banking stocks surged after several state-run and private lenders cut fixed deposit and savings rates in response to the RBI’s recent repo rate reduction.

Following the Reserve Bank's policy rate drop, the state lender likewise lowered its lending rate by 25 basis points, which lowers the cost of loans for both new and current customers.

US tariffs are likely to only have small direct effects on GCC bank operating environments, but indirect effects due to lower oil prices and weaker global economic activity, which could lead to lower ...

is the rate at which commercial banks can borrow money from the central bank, in turn affecting borrowing costs across the country. The interest rate is the most important conventional monetary ...

A week after RBIs rate cut announcement, several banks have also reduced their lending rates that will have a positive impact on the common borrowers.