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Public Sector Banks Record ₹1.78 Trillion Profit in FY25 with 26% Annual Growth.

Banking & Finance | Dated: 16 May 2025

In the Financial Year 2024–25 (FY25), Public Sector Banks (PSBs) in India collectively posted a record net profit of ₹1.78 lakh crore, reflecting a 26% year-on-year (YoY) growth over FY24’s cumulative profit of ₹1.41 lakh crore. This marks a significant increase of approximately ₹37,100 crore in absolute terms.

🎯 Key Highlights:

  • - State Bank of India (SBI), headquartered in Mumbai, Maharashtra, led the performance among PSBs, contributing over 40% to the total profit. SBI recorded a net profit of ₹70,901 crore in FY25, up 16% from ₹61,077 crore in FY24.
  • - Punjab National Bank (PNB), based in New Delhi, registered the highest percentage growth among all PSBs, with a 102% jump in net profit, reaching ₹16,630 crore in FY25.

💡 Other Important Facts:

  • (i) Punjab & Sind Bank (P&SB), also headquartered in New Delhi, recorded the second-highest growth, with its net profit rising by 71% to ₹1,016 crore.
  • (ii) This robust performance across public sector banks indicates stronger fundamentals, improved asset quality, and sustained credit growth within the Indian banking sector.

📚 Test Your Knowledge:

What was the total cumulative net profit recorded by India's public sector banks in FY25?

Correct Answer: ₹1.78 lakh crore

🚀 Quick Recap: