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ICICI slashes special deposit rates by 50 basis points

ICICI Bank has slashed interest rates on deposits on its special deposit scheme by 50 basis points to 9 per cent.

Apnaloan.com Research Bureau

17 Oct 2007

ICICI Bank has slashed interest rates on deposits on its 390-days, 590 days and 890-days special deposit schemes by 50 basis points to 9 per cent.

State Bank of India (SBI) earlier announced lowering the interest rate on its special deposit schemes by 25 basis points to 9 per cent.