HDFC Bank FD rates slashed by up to 50 bps: Here is what you get now
The already plunging fixed deposit interest rates were further slashed by the HDFC Bank on Thursday evening by up to 50 bps. The maximum reduction of 50 basis points was done in its fixed deposits maturing in 91 days to 6 months.
After the recent revision, these FDs will fetch an interest rate of 3.5% for the general public while senior citizens will get 4% interest on the same deposit. Source - PTI.