SBI drives record Q3 profits for public sector banks
pre-market1 source ↓written by the desknot a recommendation
- marking
- 18% YoY growth
- net profit
- ₹21,028 cr
- from last year
- 24%
- and Central Bank
- 56% growth
- of India
- 32%
Public sector banks reported a historic cumulative profit of ₹52,603 cr in Q3 FY26, marking an 18% YoY growth. SBI alone contributed 40%, with a net profit of ₹21,028 cr, up 24% from last year. Other notable performers included Indian Overseas Bank with 56% growth and Central Bank of India at 32%. This strong performance may boost investor sentiment in the banking sector.
Not investment advice. For informational purposes only.