Public Sector Banks

NPAs

Significant Reduction in Gross NPAs of Public Sector Banks

The Ministry of Finance reports a substantial decrease in gross non-performing assets (NPAs) of public sector banks, dropping from 9.11% in March 2021 to 2.58% by March 2025. This decline is attributed to comprehensive reforms by the Government and the Reserve Bank of India (RBI), including changes in

Public Sector Banks

Annual Review Meeting of Public Sector Banks

Union Minister for Finance, Smt. Nirmala Sitharaman, chaired an annual review meeting with MDs and CEOs of Public Sector Banks in New Delhi, focusing on financial performance, inclusive lending, and customer-centric innovation. PSBs reported a record net profit of ₹1.78 lakh crore for FY 2024-25, with net NPAs declining

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