SBI drives PSBs to record Q3 profits of ₹52,600 crore
after close1 source ↓written by the desknot a recommendation
- marking
- 18% YoY growth
- of this total
- 40%
- net profit
- ₹21,028 crore
- from last year
- 24%
- strong growth
- 56%
Public sector banks (PSBs) reported a record profit of ₹52,603 crore in Q3 FY26, marking an 18% YoY growth. State Bank of India (SBI) contributed 40% of this total with a net profit of ₹21,028 crore, up 24% from last year. Indian Overseas Bank and Central Bank of India also showed strong growth with 56% and 32% increases, respectively. 📈
Not investment advice. For informational purposes only.