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With the average savings account paying 0.41%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a little bleak for savers. However, high-yield savings accounts still offer ...
After HDFC Bank, ICICI Bank slashed its savings bank interest rate by 25 basis points to 2.75 per cent.(Bloomberg) Private sector lender ICICI Bank has cut the interest rate on savings account ...
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With HDFC Bank and Axis Bank slashing their savings account interest rates to just 2.75%, and State Bank of India (SBI) offering an even lower 2.7%, the money sitting "safely" in your account ...
The bank will now offer 2.75 per cent interest rate for savings account with balances of up to ₹50 lakh, lower by 0.25 per cent offered earlier, and 3.25 per cent interest rate on savings ...
ICICI Bank has cut its savings account deposit interest rate by 0.25 per cent, according to the lender's website. Photograph: Shailesh Andrade/Reuters The second largest private sector bank's move ...
Policymakers are also wary of a weakening Chinese yuan and shrinking interest margins at lenders, limiting the scope for ...
These changes also coincide with adjustments to HDFC Bank's savings account interest rates, which were recently revised. Effective April 12, 2025, savings account interest rates have been lowered ...
Yes Bank is positioning itself alongside other banks in navigating rising savings rates by reducing interest rates on its savings accounts, effective April 21, said CEO Prashant Kumar. Post the ...
Interest rates are variable and subject to change ... However, investment accounts are riskier than bank accounts. While savings accounts are FDIC-insured and can’t lose money, investment ...