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IDFC First Bank Slashes Savings Account Rates, Caps Peak Returns at 6.5%

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On: January 8, 2026

In: bank interest rates, deposit rates, Editor's Pick, Finance, IDFC First Bank, Indian banking, savings account rates, shivendra saxena, sss

Mumbai (Maharashtra) [India], January 8: IDFC First Bank has quietly but decisively pulled back on savings account generosity. From January 9, depositors will earn less across several balance slabs, with cuts running as deep as 200 basis points. IDFC First Bank has revised its savings account interest rates, trimming returnsContinue Reading