State Bank of India (SBI) has revised its fixed deposit (FD) rates effective from January 15, 2022. Most of the revisions are in deposits of above Rs 2 crore. However, for deposit amounts of below Rs 2 crore, there is a change in only one tenor. SBI offers eight tenors in all (which range from 7 days-45 days to 5 years-10 years) to all depositors, including senior citizens. The rates of interest shall be applicable on fresh deposits and renewals of maturing deposits.