HDFC Bank hikes interest rates on fixed deposits from Dec 14

HDFC Bank has increased the interest rates on fixed deposits (FDs) of less than ₹2 crore. According to the bank's website, the new rates will be effective from December 14. Following the hike, HDFC Bank offers fixed-term deposit interest rates ranging from 3-7% for the general public and 3.50-7.75% for senior citizens for tenure between 7 days and 10 years.