HDFC Bank has cut its savings account interest rate by 25 basis points to 2.75%, the lowest among private sector peers, effective April 12. This decision follows the RBI’s recent repo rate cuts and aims to boost term deposits while managing net interest margins. The move aligns HDFC Bank’s savings rate closer to public sector banks like SBI and PNB.
Ranbir Kapoor invests Rs 15 crore in ‘Ramayana’ production house, stock up over 90% since April
Ranbir Kapoor has reportedly invested about Rs 15 crore in Prime Focus, acquiring 12.5 lakh shares at Rs 120 each following shareholder approval for a