Category : Business and economicsPublished on: May 15 2025
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Public sector banks' cumulative profit rose to a record level of Rs 1.78 lakh crore in the fiscal year ended March 2025, registering a growth of 26 percent over the previous year.
All 12 public sector banks had earned a total profit of Rs 1.41 lakh crore in FY24.
The year-on-year increase in profit in absolute terms rose by about Rs 37,100 crore in FY25.