Public Sector Banks Record ₹1.78 Trillion Profit in FY25 with 26% Annual Growth.

Banking & Finance

In the Financial Year 2024–25 (FY25), Public Sector Banks (PSBs) in India collectively posted a record net profit of ₹1.78 lakh crore, reflecting a 26% year-on-year (YoY) growth over FY24’s cumulative profit of ₹1.41 lakh crore. This marks a significant increase of approximately ₹37,100 crore in absolute terms.


      - State Bank of India (SBI), headquartered in Mumbai, Maharashtra, led the performance among PSBs, contributing over 40% to the total profit. SBI recorded a net profit of ₹70,901 crore in FY25, up 16% from ₹61,077 crore in FY24.

      - Punjab National Bank (PNB), based in New Delhi, registered the highest percentage growth among all PSBs, with a 102% jump in net profit, reaching ₹16,630 crore in FY25.

     

Main Point :-   (i) Punjab & Sind Bank (P&SB), also headquartered in New Delhi, recorded the second-highest growth, with its net profit rising by 71% to ₹1,016 crore.

      (ii) This robust performance across public sector banks indicates stronger fundamentals, improved asset quality, and sustained credit growth within the Indian banking sector.


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