Prøve GULL - Gratis
IDFC First hits mid-affluent depositors with 200-bps rate reduction
Financial Express Bengaluru
|January 09, 2026
IDFC FIRST BANK'S latest revision of savings account interest rates has created a divide among customer segments, effectively rewarding some depositors while penalising others by reducing interest rates up to 200 basis points (bps).
From January 9, customers maintaining balances between ₹5 lakh and ₹10 lakh face a steep cut. This segment, which previously enjoyed 7% interest, will now earn just 5%, translating into a 200-bps reduction. However, depositors between ₹2 lakh and ₹5 lakh will see a m
Denne historien er fra January 09, 2026-utgaven av Financial Express Bengaluru.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Bengaluru
Financial Express Bengaluru
TCS, HCLTech cut headcount in Q3
Both companies step up AI-focused hiring and skilling
2 mins
January 13, 2026
Financial Express Bengaluru
Food inflation negative for 7th straight month
· Deflation may reverse for'food and beverages' from January
2 mins
January 13, 2026
Financial Express Bengaluru
Yields post biggest fall in nearly three weeks
· State supply cut, index entry buzz drive bond rally
1 mins
January 13, 2026
Financial Express Bengaluru
Inequality top concern for youth: Survey
*“Cyberfraud big worry for CEOs’
1 min
January 13, 2026
Financial Express Bengaluru
BSE, IFCI stocks surge on NSE IPO expectations
STOCK PRICES OF the BSE and IFCI surged on Monday on hopes of the listing of the National Stock Exchange (NSE), which is the highest-valued company in the India unlisted space.
1 mins
January 13, 2026
Financial Express Bengaluru
Bulls bet on revival of US-India trade talks
Equity indices sharply rebound to close in the green
1 mins
January 13, 2026
Financial Express Bengaluru
Trump weighing very strong options in Iran
IRAN SAID ON Monday it is keeping communications open with the US as President Donald Trump weighed responses to a deadly crackdown on nationwide protests, which pose one of the stiffest challenges to clerical rule since the 1979 Islamic Revolution.
1 min
January 13, 2026
Financial Express Bengaluru
Germany pledges €1.24-bn boost for green partnership
INDIA AND GERMANY on Monday signed and exchanged 27 memoranda of understanding (MoUs) and joint declarations of intent, and made eight key announcements here.
1 min
January 13, 2026
Financial Express Bengaluru
Anup Saha joins Kotak Bank as whole time director
KOTAK MAHINDRA BANK on Monday announced that Bajaj Finance's former MD Anup Kumar Saha will oversee its consumer banking vertical.
1 min
January 13, 2026
Financial Express Bengaluru
Balance sheets don't fully reflect bank risks: Deputy guv
BANKING SUPERVISION CAN no longer rely only on balance sheets and compliance checklists as digitisation reshapes risks, Reserve Bank of India (RBI) Deputy Governor Swaminathan J has said, calling for a sharper focus on operational resilience, third-party dependencies and customer protection.
1 min
January 13, 2026
Listen
Translate
Change font size