Bank FD Update : Shock on FD! HDFC Bank and ICICI Bank cut FD rates for select periods, effective from June 10
After the Reserve Bank of India cut the repo rate by 0.50 percent, banks have started reducing interest rates on fixed deposits. Other banks may also take this step in the coming days. HDFC Bank and ICICI Bank have cut their fixed deposit (FD) rates by 25 basis points (0.25 percent) in select periods. This … Read more