I'm an indian citizen and about to open a PPF Account in a nationalised bank. I have had enquiry in `ICICI Bank` and in `SBI Bank` today. Their interest rates are as `8.8` and `8.7` respectively.

Can one tell me that, Which of the indian bank is good to open a PPF account?

Or Is there any other good scheme by `RBI` or by a `Nationalised bank` to have good interest rates on saving?