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.