The Reserve Bank of India (RBI) has slapped penalties on five major banks, including ICICI Bank, Bank of Baroda, Axis Bank, and two others.

by | May 3, 2025 | Axis bank, Bank of Baroda, Bank of Maharashtra, Central Bank of India, ICICI Bank, IDBI Bank, RBI

The Reserve Bank of India (RBI) has imposed penalties on five major banks, including ICICI Bank, Bank of Baroda, Axis Bank, IDBI Bank, and Bank of Maharashtra, for non-compliance with various regulatory directions. The penalties, ranging from ₹29.60 lakh to ₹97.80...
Boost your savings! Certain banks are now offering higher FD interest rates of up to 9.10% – find out which banks are leading the pack!

Boost your savings! Certain banks are now offering higher FD interest rates of up to 9.10% – find out which banks are leading the pack!

by | Apr 24, 2025 | Au Small Finance Bank, Equitas Small Finance Bank, HDFC Bank, ICICI Bank, Jana Small Finance Bank, RBI, State Bank of India, Suryoday Small Finance Bank

The recent repo rate cut by the Reserve Bank of India (RBI) has led to a reduction in fixed deposit (FD) interest rates by big banks such as SBI, HDFC, ICICI, and Yes Bank. However, some small finance banks are still offering attractive interest rates of up to 9.10%...