Tag Archives: deposit rates

ICICI Bank reduces lending and deposit rates with effect from April 24, 2009

April 21, 2009

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ICICI Bank Ltd has announced a reduction of 0.50% in its Floating Reference Rate (FRR) for consumer loans (including home loans) with effect from April 22, 2009. The revised FRR will be 13.25% p.a. as against 13.75% p.a. at present. All the existing floating rate customers will be benefited by the reduction in FRR. ICICI [...]

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