Current Affairs · Banking and Finance
According to official data released up to August 2025 regarding the performance of Public Sector Banks (PSBs) in Q1 FY26, consider the following statements: 1. PSBs recorded a combined net profit of ₹44,218 crore, marking an 11% increase year-on-year. 2. State Bank of India contributed approximately 43% of the total PSB profits with a ₹19,160 crore net profit. 3. Punjab & Sind Bank reported the highest percentage profit growth among all PSBs in the quarter. Which of the statements given above are correct?
- 1Both 2 and 3
- 2Only 2
- 3Both 1 and 2✓
- 4Only 1
Correct answer
Both 1 and 2
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