News

HDFC Bank and ICICI Bank cut FD rates by 25 bps on select tenures after RBI slashed repo rate to 5.5%. Revised FD interest rates now range between 3%-6.6% for general citizens and up to 7.10% for ...
Canara Bank has slashed its Repo Linked Lending Rate (RLLR) from 8.75% to 8.25% following the RBI's latest repo rate cut. The new rates, effective from June 12, 2025, will reduce EMIs or loan ...
The fixed deposit interest rate offered for deposits less than Rs 3 crore, applicable since June 25, stands at 5.75% for a one-year period, as per the lender's website.
The new rates came into effect from June 1. For Canara Bank customers, the interest rate on term deposits with a tenure of one year was reduced by 10 bps to 6.75%.
PSBs like Bank of Baroda, PNB, Bank of India, and UCO Bank have begun cutting lending rates, with private lenders like HDFC Bank and Karur Vysya Bank cautiously following suit ...
Confused about RLLR, RBLR or MCLR? Here’s how these home loan rates work, how they reset, and which is best for you under new ...
Second FD rate cut in June: HDFC Bank revises interest rate on this tenure. HDFC Bank has reduced fixed deposit interest rates by 25 bps on single tenures for deposits under Rs 3 crore, effective June ...
Financial Literacy News: Following the RBI's repo rate cut, HDFC Bank has adjusted its fixed deposit rates, reducing them by up to 25 basis points for deposits under ₹3 crore, ...
FD Interest Rates 2024: Banks and NBFCs offer FDs of different durations and amounts. Leading banks such as State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BoB), Indian Overseas ...
HDFC Bank has revised its interest rates on fixed deposits and savings accounts effectively from June 10. This comes after the Reserve Bank of India delivered a higher-than-expected rate cut of 50 ...
Private lender HDFC Bank has cut marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) across tenures, while ICICI Bank has slashed interest rate on retail deposits up to ₹3 ...
RBI MPC meeting: Repo rate cut is expected to lower EMIs for home loan borrowers, providing significant relief, while also likely reducing fixed deposit returns for investors ...