New Delhi, April 28 -- Amid ongoing geopolitical uncertainty, with the US-Iran war showing no signs of easing, inflation and interest rate outlooks remain volatile. In such a scenario, fixed deposits may offer relatively lower returns, while investors are also anticipating possible revisions in small savings schemes in the coming months.

However, a recent clarification by the Government of India has eased concerns. According to the Ministry of Finance, interest rates on small savings schemes for the April-June 2026 quarter remain unchanged from the January-March period.

This comes at a time when several financial institutions are offering 5-year fixed deposits at rates below 7%, keeping the National Savings Certificate (NSC) an attracti...