Axis Bank Cuts Deposit Rates by up to 0.25%

Mumbai: Axis Bank has cut fixed deposit rates by up to 0.25 per cent across various maturities. Axis Bank is one of the first major lenders to slash its deposit offering after the Reserve Bank of India's repo cut a fortnight ago. India's third largest private sector lender has cut its deposit rate offerings by 0.25 per cent across buckets in the 18 to 36 months window, a bank official said on Thursday. Similarly, for depos...