Saving Deposit Rate Cuts

IDBI Bank cuts rates for some fixed deposits, extends popular Utsav scheme

Lender discontinues two tenures, announces new terms for other products

Updated On: 18 Apr 2025 | 12:44 PM IST

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PNB cuts savings deposits rate by 10 bps to 2.9%, effective Sept 1

Bank officials said the decision is partly driven by huge liquidity that the bank continues to manage and also correction in rates vis-a-vis peers, especially PSU banks

Updated On: 01 Sep 2021 | 1:31 AM IST

Saving deposit rate cuts sets stage for lower lending rates: Report

Rates reduction by 3 banks include SBI, Bank of Baroda and Axis Bank stoke competition among lenders

Updated On: 13 Aug 2017 | 2:05 PM IST