New Delhi, June 24 -- Ever since RBI cut benchmark repo rate early this year, banks have followed suit and slashed interest rates on lending as well as fixed deposit rates.

RBI cut the repo rate by 25 basis points in February followed by another 25 basis points cut in April and a jumbo cut of 50 bps in June. In total, RBI cut the repo rate by 100 basis points in 2025.

With lower rates, lower interest on FDs too followed. Let us find out what are the latest interest rates offered by top banks and how they compare with the rates offered by PPF.

Interest offered on public provident fund is 7.1 percent per annum with effect from Jan 1, 2024. One can invest anywhere between Rs.500 to Rs.1.50 lakh in a financial year.

Deposit can be made in...