New Delhi, May 12 (IANS) The net profit of public sector banks recorded a robust 11.1 per cent increase to scale an all-time high of Rs 1.98 lakh crore in FY 2025–26, marking the fourth straight year of profitability as reforms and strengthened governance practices have reinforced healthier balance sheets, enhanced operational resilience, and strong capital adequacy, the Finance Ministry said on Tuesday.Improved asset quality, healthy credit expansion and higher income contributed to improved …
Latest Gross NPA Ratio News & Updates
Mumbai, May 8 (IANS) State Bank of India on Friday reported a modest 1.1 per cent year-on-year (YoY) rise in consolidated net profit for the fourth quarter (Q4) of FY26, aided by steady growth in advances and deposits.India’s largest lender posted a net profit of Rs 20,1 61.30 crore for the January-March quarter, compared to Rs 19.941.39 crore in the corresponding period previous financial year (Q4 FY25), according to its stock exchange filing.However, the lender’s standalone net profit jump…