HDFC Bank Slashes FD Rates Up To 3 Crore; Check Latest RoI

• HDFC Bank has reduced fixed deposit interest rates for deposits up to Rs 3 crore, effective immediately.
• The new rates apply to domestic, NRI, and NRE accounts.
• Maximum interest offered is 6.45% for 18 months to 3 years tenure for regular deposits.
• Senior citizens receive an additional 50 bps, but this does not apply to NRIs.
• This follows SBI's rate cut and RBI's repo rate reduction to 5.25%.

Why It Matters: HDFC Bank cuts FD rates following RBI repo rate reduction; check new interest rates.