Big improvement in PSBs’ financial health, profits at historic highs: Finance Ministry

Public sector banks (PSBs) reported a net profit of ₹1.98 lakh crore for 2025-26, an 11% increase from the previous year, marking a tripling of profits since 2021-22. The Ministry of Finance highlighted that PSBs have achieved historically high profits and a multi-decadal low in gross non-performing assets (GNPAs), indicating improved financial health. Loan growth reached 16% in 2025-26, with a total increase of 71% in lending over the past four years.

Read the source (Indian Express Business)

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