If SBI reduces interest rates by 25 basis points following the RBI’s repo rate cut, how will it impact the maturity amount for 1-10 year fixed deposits, and what do the current rates look like compared to the estimated new rates?

If SBI reduces interest rates by 25 basis points following the RBI’s repo rate cut, how will it impact the maturity amount for 1-10 year fixed deposits, and what do the current rates look like compared to the estimated new rates?

by | Jun 7, 2025 | Central Bank of India, RBI, State Bank of India

The Reserve Bank of India (RBI) made a surprise announcement on June 6, as Governor Sanjay Malhotra revealed the Monetary Policy Committee’s (MPC) decision to reduce the repo rate by 50 basis points (bps) to 5.5%. This move is expected to provide relief to loan...