FanzizFanziz
HomeFinanceCricketSoccerEntertainmentEsports
Menu
HomeFinanceCricketSoccerEntertainmentEsportsWWETennisHealth

Language

AllQuick ReadsFanzShots

HDFC Bank Drops FD Rates Like A True Champion In The Ring!

HDFC Bank Drops FD Rates Like A True Champion In The Ring!

HDFC Bank, the heavyweight champ of private lending, just knocked down its fixed deposit rates! Effective December 17, the peak rate is now a slick 6.45%, down from 6.60%. With rates ranging from 2.75% to 6.45%, this move follows a repo rate cut, showing banks are easing up. So, savers, time to plot your next money move like a true champion!

Quick rundown

  1. HDFC Bank lowers fixed deposit rates effective December 17.
  2. SBI also reduces deposit rates following repo rate cut.
  3. Repo rate reduced by 125 basis points in current cycle.
  4. HDFC and SBI both cut peak deposit rates by 15 basis points.
  5. Interest rates now range from 2.75% to 6.45% at HDFC.

Related articles

  • Suryoday FD rates are lit: 8% for 5 years, no cap!
  • Mid December FD rates: Chhote banks ki jaadu se 8 percent tak
  • Siddhu Paaji kehnde: December ghar loan rates ka khel hai
  • Mid-Dec home loan rates flex at 7.10%: Compare like a champ!
  • Banking Ka Dhamaka: ₹55,000 Crore Ka CD Ka Jadoo Hai!

Series

  • Indian Premier League
  • Pakistan Super League
  • South Africa Women tour of New Zealand
  • County Championship Division Two