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    Once weighed down by bad loans, public sector banks drive India’s banking profits to highest ever in history

    2 months ago

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    India's public sector banks have spearheaded a remarkable turnaround, driving the banking sector to record profits of Rs 3.71 lakh crore. Fueled by increased lending income and reduced NPAs, PSU banks saw a 26% profit surge, nearing private banks' earnings.
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