India, May 12 -- The Government of India has issued a release:
Public Sector Banks (PSBs) continued to register strong financial performance during FY 2025-26, reflecting sustained business growth, improved asset quality, record profitability and strong capital position. The improved performance demonstrates the resilience, stability and enhanced institutional capacity of PSBs in supporting the credit needs of a fast-growing Indian economy.
The aggregate business of PSBs increased to Rs.283.3 lakh crore as on 31.03.2026, registering growth of 12.8% over the previous year. Aggregate deposits rose by 10.6% y-o-y to Rs.156.3 lakh crore, reflecting continued depositor confidence and strong resource mobilisation by PSBs. Gross advances registe...