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Big hit to savings account holders: SBI, HDFC Bank, ICICI Bank cut interest rates in June 2025
In June 2025, several major banks in the country, including State Bank of India (SBI), HDFC Bank, and ICICI Bank, reduced their interest rates on savings accounts following a 50-basis-point repo rate ...
MUMBAI, May 3 (Reuters) - Higher savings account interest rates may pull down net interest margins for banks by around 10 basis points but the impact on net profit will be partly offset by higher fee ...
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SCSS vs Bank FD: Which investment scheme is offering 8.2% interest rate to senior citizens?
With falling FD interest rates, senior citizens are seeking better investment options. The Senior Citizen Savings Scheme ...
India's banking regulator, Reserve Bank of India, does not like it when you leave your savings or current account idle for ...
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