SBI, HDFC, ICICI Slash Savings Account Interest Rates After RBI Repo Cut — What Customers Need to Know
In a significant move impacting millions of customers, leading Indian banks—State Bank of India (SBI), HDFC Bank, and ICICI Bank—have revised their savings account interest rates downward. The development follows the Reserve Bank of India’s (RBI) recent 50 basis points cut in the repo rate during its June 2025 monetary policy review. With the repo … Read more
