Yesterday, the Reserve Bank of India (RBI) announced a 50 basis point (bps) increase in the repo rate from 4.4% to 4.90%, which turned into a hike in lending rates. and deposits that people can see in the near future. . Some banks have already started raising interest rates on FDs and savings accounts, but investors will have to wait a little longer until rates rise again. Customers who plan to set up a savings account in the face of rising interest rates can choose 4 public sector banks with the highest savings rates.