HDFC Bank cuts FD interest rate by up to 20 bps: Senior citizens can earn 7.35% on these tenures

HDFC Bank has reduced its fixed deposit interest rates by up to 20 basis points on select tenures for deposits below Rs 3 crore, effective May 23, 2025. The rate cut impacts tenures from one year to less than 15 months and 18 months to less than 3 years.