Goldman Sachs Sees Relief for HDFC Bank: Margin Pressure Eases with Rate Cut

Unknown Apr 02, 2026 1 Views

HDFC Bank, the largest private sector lender in India, has cut its interest rate on savings accounts by 25 basis points to 2.75% for balances up to ₹50 lakh. The action comes on the heels of the Reserve Bank of India's (RBI) recent reduction of the repo rate by 25 basis points. Goldman Sachs...