Saving a/c interest Cuts: This bank cut the savings account interest rate by 50 bps. Detail here

Private sector Kotak Mahindra Bank has given a big shock to customers with savings accounts. The bank announced a cut in interest rates on savings accounts with balances less than Rs 5 lakh. According to the website of Kotak Mahindra Bank, the new interest rates are applicable from October 17, 2024. This cut in interest … Continue reading Saving a/c interest Cuts: This bank cut the savings account interest rate by 50 bps. Detail here