HDFC Bank Cuts FD Rates After SBI: Latest Fixed Deposit Interest Rates, RBI Repo Cut Fallout and What Savers Should Do (Dec 17, 2025)
HDFC Bank has lowered fixed deposit interest rates for select tenures effective Wednesday, December 17, 2025, joining a growing list of lenders recalibrating deposit returns after the Reserve Bank of India’s 25-basis-point repo rate cut to 5.25% earlier this month. The move follows State Bank of India’s FD trims that took effect on December 15, 2025, underscoring how quickly the latest policy easing is flowing through to everyday savings products—especially for deposits below ₹3 crore, the bracket most retail customers fall into. The Economic Times+2Upstox - Online Stock and Share Trading+2 For depositors, the takeaway is simple: FD rates can change fast when the rate cycle turns, and the “best” return often depends on timing, tenor, and category. For borrowers, the picture is the mirror image: lending benchmarks are easing, and EMIs may soften as banks pass on the policy cut. The Economic Times+1
