Articles for tag: banking, interest rates, savings accounts

Rajiv Sharma

Bank cuts interest rates on savings accounts

Bank cuts interest rates on savings accounts

The banking sector continuously evolves to adapt to economic changes and customer needs. Recently, a major bank announced a new interest rate bracket that will impact savings accounts holding less than ₹500,000. This change reflects current market trends and the bank’s strategy to manage its financial offerings effectively. Overview of the Interest Rate Adjustment The ...