PSBs Post Record Rs 1.98 Lakh Crore Profit in FY26 as Bad Loans Hit Historic Low: MoS Finance
6 Articles
6 Articles
Bad debt of PSBs at lowest levels in many decades: Government
Public sector banks report significant financial improvements and record profits. Bad debt levels have fallen to their lowest point in decades. The government has supported banks through capital infusions and legislative measures. Credit growth has accelerated across various economic sectors. Schemes like ECLGS continue to support businesses and credit flow.
Big improvement in PSBs’ financial health, profits at historic highs: Finance Ministry
Public sector banks have reported strong financial health with record profits and low bad loans, as confirmed by the Ministry of Finance, highlighting significant growth in lending and improved balance sheets.
PSBs post record Rs 1.98 lakh crore profit in FY26 as bad loans hit historic low: MoS Finance
Public Sector Banks (PSBs) posted their strongest financial performance on record in FY2025-26, with gross non-performing assets (GNPAs) declining to a historic low of 1.9 per cent, while aggregate net profit rose to an all-time high of Rs 1.98 lakh crore, according to information shared by Minister of State for Finance Pankaj Chaudhary in the Rajya Sabha.
The Comptroller's Office reported the historical gains in Medellín by EPM, but warned of the high deficits in Metrosalud, the General Hospital and Afinia.
India's public sector banks (PSBs) created history with their impressive performance in fiscal year 2025-26. Once plagued by rising bad loans (NPAs), public sector banks have now bounced back with record profits and strong balance sheets.
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