The Economic Times News

SBI cuts FD interest rates from today: Comparisons with HDFC Bank, ICICI Bank and Canara Bank fixed deposit rates

FD interest rate in December: State Bank of India has revised its fixed deposit interest rates, reducing them by 5 basis points for tenures between 2 to less than 3 years. General citizens will now earn 6.40%, while senior citizens will receive 6.90%. These changes place SBI's FD rates in comparison with those offered by HDFC Bank, ICICI Bank, and Canara Bank.