HDFC Bank FD rates, Dec. 18 -- India's largest private sector institutional lender, HDFC Bank, has decided to revise its fixed deposit interest rates, effective from 17 December 2025, after the Reserve Bank of India (RBI) cut its benchmark interest rate for the Indian economy to 5.25%, compared to its earlier 5.50% levels earlier this month.

Mint reported earlier that the RBI announced a 25-basis-point rate cut to 5.25% citing that India is in a "rare goldilocks period" where the growth of the nation remains strong, and inflation levels moderate in the economy.

HDFC's decision to cut the interest rates for its fixed deposits comes soon after the State Bank of India decided to cut its interest rates on many of its FD accounts.

According...