In response to the Reserve Bank of India’s recent repo rate reduction, Sundaram Finance Ltd has adjusted its interest rates on fixed deposits effective immediately. Senior citizens will now receive 7.2% interest for 12-month deposits and 7.5% for 24- and 36-month tenures, while other depositors can expect 6.7% and 7% respectively. The revisions reflect the company’s strategic alignment with evolving macroeconomic conditions.