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HDFC Bank & ICICI Bank Cut FD Rates by 25 bps in Select Tenures

Financial Express Kochi

|

June 11, 2025

HDFC Bank and ICICI Bank on Tuesday slashed their fixed deposit (FD) rates by 25 basis points (bps) for select tenures.

- FE BUREAU

This move comes after the Reserve Bank of India (RBI) on Friday slashed the repo rate by 50 bps, bringing it down to 5.5%.

After the revision, ICICI Bank interest rates for general citizens for deposits of below ₹3 crore are in the range of 3%-6.6%. For senior citizens, rates are in the range of 3.50%-7.10%.

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