MUMBAI: HDFC Bank, India's largest private sector lender, has cut interest rates on savings accounts by 25 basis points to 2.75% to bring down its cost of funds and protect margins following the ...

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.

The bank's repo-linked lending rate (RLLR) has now been reduced from 9.05 per cent to 8.80 per cent. State-owned Bank of Maharashtra (BoM) has announced reduction in lending rate linked to repo ...

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 ...

Mumbai: Deposit rates may begin to come down starting April as lenders move to protect margins, at a time of easing credit demand and expectations of another repo rate cut. Most banks did not ...

Mumbai:Following the Reserve Bank of India’s (RBI) repo rate cut, the country's largest lender State Bank of India (SBI) has reduced its lending rate by 25 basis points making home, auto and ...

State-owned Bank of Maharashtra (BoM) has announced reduction in lending rate linked to repo rate by 25 basis points in line with the Reserve Bank's key policy rate. The bank's repo-linked lending ...

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 ...

Bank of Maharashtra also announced to cut its repo-linked lending rate (RLLR) from 9.05 % to 8.80 %. (Freepik) With the latest round of reduction, the Repo Linked Lending Rate of SBI would come ...

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 ...