SBI, HDFC, Bank of Baroda and ICICI have reduced interest on savings account
In June 2025, the Reserve Bank of India (RBI) cut the repo rate by 0.50%. This rate directly affects how banks lend and earn. To adapt, many major Indian banks slashed their savings interest rates—meaning your money now earns less just sitting in your account. Latest Savings Account Interest Rates (As of June 2025) Bank … Read more