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Forget low savings interest: This bank is giving you RBI’s repo rate as interest with no hidden clauses

The Reserve Bank of India (RBI) reduced its benchmark repo rate by a total of 1% (100 basis points) since February 2025-reducing from 6.5% to 5.5% through three consecutive rate cuts. In response to ...
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5.5% interest on savings account: Yes, this bank offers it without higher balance requirement

Savings accounts are notorious for offering low interest rates on low-amount deposits. Many PSU and private banks provide 2.5%-3% interest rates on their savings accounts typically for deposits up to ...