ICICI, HDFC Bank Decrease Rates of Fixed Deposit by 20 bps
27 May 2025Saloni Kumari
ICICI and HDFC Bank Decrease Rates of Fixed Deposit by 20 bps
ICICI Bank and HDFC Bank have decreased the rates of their fixed deposit accounts below Rs. 3 crore, and by 20 basis points (bps) for some selected tenures. This is the second time these banks have decreased the FD accounts in the last 2 months. These rates for ICICI Bank are effective from May 27, 2025, and for HDFC Bank from May 23, 2025.