Click it and Unblock the Notifications
The Country's top two private lending institutions - ICICI Bank and HDFC Bank have slashed interest rates on fixed deposits.
HDFC Bank has reduced interest rates by 50 basis points according to news reports, while ICICI Bank has cut interest rates by 25 per cent across tenures.
Banks have been complaining of sluggish credit growth even as deposits continue to be robust. This has also been confirmed by the Reserve Bank of India which failed to cut the CRR in its Credit Policy as liquidity in the system remained adequate.
Interest rates on deposits have fallen in the last few months.
GoodReturns.in
More From GoodReturns
Gas Cylinder Booking Rules: 5 Things To Know For Your 14.2Kg, 19KG, 5KG, 10KG LPG Booking In April 2026
New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?
5 Kg Gas Cylinder Rules Changed: How to Get Small LPG Without Address Proof; Check List of Key Documents
Gold Price Today on April 5: Find Out 22K, 24K, 18k Gold Rates In Tanishq, Malabar, Kalyan, IBJA & Joyalukkas
LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged
Gold Rate in India Rebounds After Falling Nearly Rs 40,000 In a Day; Will Gold Price Today Jump or Drop?
Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April
Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya
EPFO Update: How to Withdraw PF via ATM and UPI, Check Limits and Eligibility Under EPFO 3.0 Reform
NSE IPO 2026: OFS Window Opens, April 27 Deadline Key for Shareholders; Check Eligibility, Lock-in Rules
Hyderabad Gold Rates Today Crash By Rs 40,000 After 6 Days, Silver Rate Falls By Rs 10,000: 24K, 22K, 18k Gold
Sign in with Google