Up to 8.75% FD interest rate: Public sector vs private banks; where can you earn highest fixed deposit rat

Public sector banks offer fixed deposit (FD) interest rates up to 8.75%, compared to private banks. The higher rates are part of efforts to attract depositors and compete with private sector offerings. Investors are encouraged to compare FD rates and terms to maximize returns on their savings. The variation in rates reflects the competitive landscape of the banking sector.