Current Affairs · Banking Sector Reports
Consider the following statements regarding the performance of Public Sector Banks (PSBs) in the first half of the financial year 2024-25 (H1FY25): 1. The operating profit of PSBs grew by 14.4% Y-o-Y, while net profit saw a 25.6% increase, reaching Rs 85,520 crore. 2. The global credit portfolio of PSBs grew by 12.9% Y-o-Y to Rs 133.75 trillion, while the deposit portfolio grew by 9.5% Y-o-Y to Rs 102.29 trillion. 3. The gross non-performing assets (NPAs) of PSBs decreased by 34 basis points Y-o-Y, standing at 3.12% as of September 2024. Which of the statements given above are correct?
- 12 and 3 only
- 21 and 3 only✓
- 31 and 2 only
- 41 only
Correct answer
1 and 3 only
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