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 cut fixed deposit rates by 15 basis points for 18 months to less than 21 months tenures on deposits below ₹3 crore, effective December 17, 2025. New rates are 6.45% for general customers and 6.95% for seniors. The move follows SBI’s FD rate reduction on December 15 after the Reserve Bank of India’s repo rate cut to 5.25% earlier this month.