Archive · 19 Aug 2025

Indian PSBs Raise ₹1.54 Trillion, Report Record Profits

Indian PSBs Raise ₹1.54 Trillion, Report Record Profits

Public sector banks, or banks owned by the government, have raised a lot of money by selling stocks and bonds over the past three years.

This money helps them to lend more money to people and businesses, meet certain rules, and become stronger financially.

Recently, these banks made a record amount of profit in the first three months of this year, with the biggest bank, SBI, contributing the most to these profits.

Sources