Archive · 18 Aug 2025
Finance Ministry to Review Public Bank Performance on August 20
The Indian Finance Ministry is meeting with the heads of government-owned banks on August 20th to check how they did financially in the first three months of the year.
The Financial Services Secretary will lead the meeting.
Overall, these banks made a lot of money together, about ₹44,218 crore, which is more than last year.
The State Bank of India (SBI) made the most money.
Most banks did better than last year, but Punjab National Bank (PNB) made less money.
Finance Ministry to review Q1 financial performance of Public Sector Banks (PSBs) on August 20, 2025.
Financial Services Secretary M. Nagaraju will chair the meeting.
PSBs collectively reported a record profit of ₹44,218 crore in Q1 FY26.
SBI contributed 43% to total earnings with a net profit of ₹19,160 crore.
All PSBs except PNB reported an increase in profit.
- Who
- Finance Ministry officials and heads of Public Sector Banks.
- What
- Review of Q1 financial performance of Public Sector Banks.
- When
- August 20, 2025
- Where
- Likely India.
- Why
- To assess the financial performance of PSBs in Q1 FY26.
Positive Outcomes
Areas of concern
Bank Performance
Positive Outcomes
Most PSBs showed profit increases.
Areas of concern
PNB reported a 48% fall in net profit.
- Meeting Purpose
- Review Q1 FY26 financial performance
- Date
- August 20, 2025
- Attendees
- Heads of PSBs and Finance Ministry officials
- Chair
- Financial Services Secretary M. Nagaraju
- Total Q1 FY26 Profit
- ₹44,218 crore
- SBI Q1 FY26 Profit
- ₹19,160 crore
- PNB Profit Change
- 48% decrease
Sources
Finance ministry to meet CEOs of state-owned banks to review Q1 performance on August 20
FinMin to meet CEOs of PSBs to review Q1 performance on August 20
Finance Ministry to review Q1 performance of public sector banks on Aug 20
Finance Ministry Calls PSB Heads For Meeting on Aug. 20
