PSU banks’ profit jumps over 4 times in 3 years to Rs 1.4 lakh crore in FY24

May 14, 2024

PSU banks’ net profit skyrockets to Rs 1.4 lakh crore in FY24, driven by key factors like asset quality improvements, robust margins, and strong loan book growth. SBI emerges as a major contributor, showcasing a remarkable earnings turnaround.

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