SBI, HDFC, ICICI & BoB Cut Savings Account Interest Rates – What It Means for You in 2025
India’s top private and public sector banks – State Bank of India (SBI), HDFC Bank, ICICI Bank, and Bank of Baroda (BoB) – have all announced reductions in interest rates on savings accounts, effective this month. This unified move reflects tighter banking margins and evolving liquidity conditions, impacting over 100 million account holders nationwide. What … Read more