💨 Abstract

In Q2 FY25, India's public sector banks (PSBs) outperformed private sector banks in net profit growth, showing a 39.3% YoY increase compared to 7.1% for private banks. Punjab National Bank led the charge with a 145% YoY increase in net profit. Private banks maintained a stronger domestic CASA ratio, with Kotak Mahindra Bank leading at 43.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖