Public Sector Banks (PSBs) record an all-time high net profit of ₹1.98 lakh crore in FY 2025–26, marking the fourth straight year of profitability

• Public Sector Banks (PSBs) — commercial banks where Government of India holds ≥51% equity; regulated by RBI under the Banking Regulation Act, 1949 and the Banking Companies (Acquisition and Transfer of Undertakings) Acts, 1970 & 1980.
• FY 2025–26 marks fourth consecutive year of profitability with aggregate net profit of ₹1.98 lakh crore (11.1% YoY growth) — historic turnaround from cumulative losses of the 2015–18 NPA crisis.
• Examinable for GS-III (Indian Economy — banking, financial inclusion, NPAs) and Prelims (key ratios, reforms timeline).