New Delhi, July 29 -- The US-Iran conflict, coupled with the Russia-Ukraine war, has disrupted global peace and supply chains and raised oil and gas prices. This has resulted in serious underperformance in the Indian equity markets.

Against this backdrop, fixed deposits (FDs) continue to remain a preferred investment option. This is especially true for individuals seeking stable and predictable returns amid uncertain market conditions.

Currently, large private and public sector banks are offering competitive interest rates backed by established credibility. However, select small finance banks are leading the interest rate chart with returns of up to 8.10% per annum on specific tenures.

Investors can compare the rates of State Bank of I...