<ul><li>Many banks, including SBI and BOI, have reduced their fixed deposit interest rates since RBI's decision on April 9.</li><li>FD rates usually move in the same direction as the repo rate, so a rate cut by RBI prompts banks to lower the interest rates offered on FDs.</li><li>SBI has revised its FD rates, lowering them for deposits under Rs 3 crore. Changes apply to deposits made for at least a period of 1 year.</li><li>Bank of India has also revised its rates, offering a 4.50% interest rate on deposits made for a period of 46 days to 90 days and 7.05% interest rate for FD of 1 year.</li></ul>

Latest FD Rates In April 2025: SBI, HDFC Bank, BOI, ICICI Bank, Yes Bank, And Others; Check Latest Rates

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