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Monday, November 25, 2024

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Union Finance Ministry

PBS in India Record Strong Growth in H1FY25: Net Profit Surges 25.6% Amid Reforms

13 Nov 2024

The Union Finance Ministry reported on Tuesday that public sector banks (PSBs) in India achieved strong financial growth in the first half of the fiscal year 2024-25 (H1FY25), with their combined business expanding by an impressive 11% to reach Rs 236 trillion. This notable performance reflects both increased profitability and...