Public sector banks post 18% growth in profit to record ₹52,603 cr in Q3
The Hindu·2026-02-09 13:20
Led by the country's biggest lender, State Bank of India (SBI), public sector banks logged a record cumulative profit of ₹52,603 crore in the third quarter of the current fiscal, reflecting an 18% year-on-year growth.All 12 public sector banks (PSBs) together made a profit of ₹44,473 crore in the December quarter of FY25. Thus, the increase in profit in absolute terms was ₹8,130 crore as compared to the same quarter of the previous financial year.Market leader SBI alone contributed 40% to the total earnings ...