HDFC Bank Boosts Dollar Deposit Rates to 6.25%!

HDFC Bank just pumped up its dollar deposit interest rates by 25 basis points, now shining at 6.25%! This change kicks in on August 1, as banks hustle to collect foreign currency deposits before the RBI’s swap scheme takes a bow. Other banks are still at 6%, but smaller players are stepping up with even juicier rates. Let the deposit showdown begin!