Private sector lender Bandhan Bank has changed interest rates on its savings accounts. According to the bank’s official website, the new rates come into effect on September 30, 2022. These new rates would apply to domestic and non-resident rupee savings accounts, according to the lender. Following this change, the bank now allows savings accounts to earn up to 6.50% interest. This announcement by Bandhan Bank came after the Reserve Bank of India (RBI) on September 30 announced a 50 basis point hike in the repo rate, which now stands at 5.9%.