SBI Cuts FD Interest Rates Again: 0.20% Reduction – Know the New Rates and Their Impacts
State Bank of India (SBI) has once again reduced the interest rates on Fixed Deposits (FD). This time, the bank has cut FD rates by 0.20%. Now, a one-year FD will fetch only 6.5% interest. These new rates have come into effect from May 16, 2025. This marks the second consecutive month that SBI has … Read more