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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 ...
Bank of India has reduced home loan interest rates by 25 basis points to 7.90% p.a., effective April 15, 2025. This move ...
With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 25 basis points to 8.25 per ...
With fixed deposit rates closely tied to the repo rate trend, the 25 basis point cut in repo rate signals a downward path for ...
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.
With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 25 basis points to 8.25 per ...