ICICI Bank is the country's leading private bank. Before ICICI Bank, many government and public banks had already revised or changed their interest rates. Now ICICI Bank has also joined this list.

ICICI Bank has slashed its fixed deposit (FD) account interest rates by up to 20 basis points (bps) on select tenures for amounts less than Rs 3 crore. The rates are applicable from May 26, 2025.

High-yield small finance banks outpace major lenders as data reveals a significant interest rate gap for investors ...

Private sector lenders largely offer senior citizen FD rates between 6.9 per cent and 7.75 per cent. Some banks additionally provide extra benefits for super senior citizens (aged 80 years and above).