Secretary, Department Financial Services reviews performance of Public Sector Banks for FY 2025–26

• Annual stocktaking by the Department of Financial Services (DFS), Ministry of Finance of all Public Sector Banks (PSBs) — chaired on 29 May 2026 by DFS Secretary Shri M. Nagaraju.
• PSBs posted highest-ever aggregate net profit of ₹1.98 lakh crore, aggregate business of ₹283 lakh crore, and GNPA at historic low of 1.93% in FY 2025–26 — fourth straight year of profitability.
• Relevant for UPSC GS-III (Indian Economy — banking sector reforms, NPAs, financial inclusion) and Prelims (DFS, RBI prudential ratios, government schemes).