HDFC Bank shares jump 4% after 25 bps savings account interest rate cut
- Posted on April 15, 2025
- By Business News Today
- 4 Views
HDFC Bank shares jump 4% after 25 bps savings account interest rate cut
HDFC Bank shares: The rate cut is expected to lower the bank's cost of funds, which could help sustain margins amid a declining interest rate environment. However, the decision might raise concerns among depositors, particularly given the competitive nature of the banking sector.
