HDFC Bank Reduces Savings Deposit Rates

HDFC Bank Reduces Savings Deposit Rates: What It Means for You

Share this article ↷ HDFC Bank, one of India’s biggest private banks, recently slashed its savings deposit rates by 25 basis points, bringing the rate to 2.75% for balances below ₹50 lakh and 3.25% for higher amounts. This is the first such cut in five years, and it’s got people talking! With loan growth slowing, the…