💨 Abstract

Public Sector Banks (PSBs) in India have reported an all-time high combined net profit of Rs 1,29,426 crore for April-December 2024, marking a 31.3% year-on-year growth. This growth is accompanied by a significant rise in aggregate operating profit, a decline in the net non-performing assets ratio to a historic low of 0.59%,

Courtesy: theprint.in

Summarized by Einstein Beta 🤖