July 13, 2026 07:00 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
TCS, ABB sign multi-million, multi-year deal to transform global network operations with AI
Mon, Jul 13 2026
Crude shock! IOCL, BPCL, HPCL shares slide as West Asia conflict fuels oil price surge
Mon, Jul 13 2026
Mega IPO alert! SBI Funds Management's ₹11,700-crore issue opens tomorrow; should you subscribe?
Mon, Jul 13 2026
HCL Tech shares rise ahead of Q1 results; can the IT giant beat street expectations?
Mon, Jul 13 2026