PSBs post record ₹1.98L/cr profit as lending and governance improve
NewsBytes | May 12, 2026 9:39 PM CST
PSBs' deposits ₹156.3L/cr, loans ₹127L/cr
PSBs grew their total business by nearly 13%, with deposits up to ₹156.3 lakh crore and loans hitting ₹127 lakh crore.
They're also running more efficiently: cost-to-income ratio dropped to 49.67%, while capital buffers look strong at 16.6%.
Bad loans are way down too: gross NPAs fell to just 1.93% and recoveries hit almost ₹87,000 crore, showing these banks are bouncing back stronger than ever.
READ NEXT
-
Trainer aircraft of private firm crash-lands in Maharashtra's Baramati; pilot safe
-
Avoid using four-wheelers every Wednesday: Chandigarh Administrator Kataria to UT officials
-
Device with low-grade explosives found inside private hospital in Pune; ATS joins probe
-
33 killed as strong storm, rains lash various UP districts; CM orders relief, compensation measures
-
Uttarakhand HC expresses displeasure over delay in Lokayukta appointment
