March 23, 2026 11:29 pm (IST)
Follow us:
ICICI Bank cuts base rate by 25 bps to 9.75%
Mumbai, Apr 7 (IBNS): ICICI Bank has announced a reduction of 0.25% in the ICICI Bank Base Rate ('I-Base') with effect from April 10.
The revised rate will be 9.75% p.a. as against 10.00% p.a. at present.
With effect from July 1, 2010, interest rates on new loans and advances, including consumer loans, are determined with reference to I-Base.
The fixed rate customers will not be impacted by the above revision and their contracted rates will remain unchanged.
ICICI Bank also announced a reduction in interest rates for some tenors of retail fixed deposits with effect from April 10.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
No longer a safe haven asset? Gold, silver crash despite war as $2 trillion vanishes in hours
Mon, Mar 23 2026
India hits 1 billion tonne coal milestone—Again!
Sat, Mar 21 2026
Charge_iN by Mahindra signs strategic agreement with HPCL to develop EV charging infrastructure at HPCL retail outlets
Fri, Mar 20 2026
Bank of Baroda becomes the first bank to launch credit line on UPI - OD facility for women SHG members
Fri, Mar 20 2026
₹10 lakh cover, free services & more: TVS Motor Company rolls out big benefits with King Ka Vaada 3.0
Fri, Mar 20 2026
Rupee hits record low, breaches 93 against US dollar for first time
Fri, Mar 20 2026