ICICI Bank, the second-largest private sector lender, on Wednesday reduced interest rates on its savings accounts by 25 basis points (bps), following the similar moves by HDFC Bank and Axis Bank.

Some of the lenders that slashed FD or fixed deposit rates are HDFC Bank, Yes Bank and Bank of India (BOI) among others. Some of the lenders that slashed FD or fixed deposit rates are HDFC Bank, Yes ...

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 ...

Shares of HDFC Bank surged nearly 4 percent on Tuesday, April 15, after the private sector heavyweight announced a cut in its savings account interest rate to 2.75 percent for deposits below ₹50 ...

ICICI Bank has cut its savings account deposit interest rate by 0.25 per cent, according to the lender's website. The second largest private sector bank's move comes days after larger rival HDFC ...

FRANKFURT, Germany (AP) — Worries about economic growth fueled by U.S. President Donald Trump's tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for ...

This boosted investor sentiment on expectations of another rate cut by the Reserve Bank of India (RBI), which has trimmed the benchmark repo rate to 6% from 6.5% with two consecutive cuts of 25 ...

South Korea’s central bank held interest rates steady in April, taking a widely anticipated breather as it gauges how best to support an economy facing a severe hit from U.S. tariffs. The Bank ...

HDFC bank has been trying to increase term deposits after it took over its home loan parent HDFC in 2023. HDFC Bank's shares jumped by nearly four per cent after it lowered the interest rate it ...

The European Central Bank (ECB) has reduced interest rates by a quarter-point, marking the sixth consecutive cut, amidst concerns over eurozone growth due to US trade policies. The benchmark ...

OTTAWA (Reuters) -The Bank of Canada on Wednesday held its key policy rate at 2.75%, its first pause after seven consecutive cuts, and said it would be ready to act decisively if needed to keep ...

OTTAWA—The Bank of Canada held its main interest rate unchanged at 2.75% after seven consecutive cuts, saying officials need time to determine the eventual breadth and severity of U.S. tariffs ...