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.

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 ...

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.

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.

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 ...

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 ...

Meanwhile, private sector major HDFC Bank has lowered interest rate on savings accounts by 25 basis points to 2.75 per cent which is the lowest among peers in the private sector.