New Delhi, Nov. 15 -- Fixed deposits (FDs) remain a popular choice among investors seeking predictable returns and relatively low-risk savings options. The significance of this asset class increases even more in the current financial environment of immense volatility, driven by the ongoing US-Iran war, which has disrupted energy markets and resulted in weak returns in emerging-market equities.

Still, while aiming to lock your investments in fixed deposits (FDs), limiting your search to large financial institutions and banks such as SBI, HDFC Bank, and ICICI Bank could mean missing out on higher interest rates offered by other prominent small finance banks.

Furthermore, as of 15 November 2026, 3 prominent small finance banks are offering...