HDFCBANK

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AXISBANK

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ICICIBANK

Cut Saving account interest rates

Bank Lowers Savings Account Interest Rates Effective April 16 ICICI Bank, the country’s second-largest private sector lender, has reduced interest rates on its savings accounts, with the revised rates coming into effect from today, April 16. This move follows similar rate cuts by peers like HDFC Bank and Axis Bank. The reduction comes in the backdrop of a broader trend of declining deposit rates, triggered by two consecutive rate cuts by the Reserve Bank of India.