ICICI Bank slashes interest rate on savings account by 25 bps

Savings bank accounts with deposits up to Rs 50 lakh will earn 3.25 per cent interest as against existing 3.5 per cent, ICICI said. At the same time, it said, savings bank account with deposit over Rs 50 lakh but less than Rs 2 crore will fetch 3.75 per cent, from the current rate of 4 per cent.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3bO2ACF