After the revision, ICICI Bank offers FD interest rates between 3% and 6.6% to general citizens for amounts below Rs 3 crore; for senior citizens, the rates vary between 3.5% and 7.1%.

Borrowers can expect EMIs on home loans, personal loans, and other credit products to come down slightly, offering a bit of breathing space amid rising living costs.

Following the Reserve Bank of India's decision to cut the repo rate, several banks have begun lowering their lending rates. This move is set to benefit individuals seeking home loans and small businesses,