India’s largest public sector bank, the State Bank of India (SBI), has delivered a blow to its crores of retail customers. The bank has reduced interest rates on certain short-term fixed deposits (FDs ...

State Bank of India (SBI) has reduced fixed deposit (FD) interest rates by 15 basis points for tenors between 46 days and ...

The new rates have come into effect from May 16, 2025. The bank has cut FD rates by 20 basis points, i.e., 0.20 per cent, for all tenures. SBI had also cut interest rates on April 15 last month.

SBI has slashed interest rates for select tenors on fixed deposits below Rs 3 crore effective from 15 July 2025. Heres the full SBI FD interest rate chart.