Tag: HDFC Bank

RBI’s Dovish Stance Signals More Rate Cuts Ahead Amid Global Economic Uncertainty

By:Sakshi Gupta, Principal Economist, HDFC Bank A dovish tilt from the RBI in its monetary policy decision today. The combination of a 25bps rate cut along with the change in stance to accommodative is a decisive signal from the RBI that more rate cuts can be expected in the coming months. We expect two more […]

HDFC Bank Launches Senior Citizens Savings Scheme

Mumbai, March 17, 2025: HDFC Bank, India’s leading private sector bank, today announced that it will now accept deposits under the Senior Citizens’ Savings Scheme (SCSS), a savings instrument run by the Government of India for the elderly. HDFC Bank will act as an agency bank for the Government of India and help source scheme […]