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HDFC Bank reduces FD rates, caps peak at 6.45%
Financial Express Chennai
|December 18, 2025
HDFC BANK ON Wednesday reduced its fixed deposit rates, capping them at 6.45% for retail deposits of less than ₹3 crore, following the 25-bps rate cut by the Reserve Bank of India.
State Bank of India also reduced its fixed deposit rates earlier this month.Effective December 17, the private sector lender offers a peak rate of 6.45% for tenures between 18 months and just under three years. The bank reduced the interest rates by 15 bps on tenure
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