Government Banks: The profit of all 12 public sector banks has increased to a historic level of Rs 1,05,298 crore in 2022-23. SBI alone has about half of this stake, which is a record in terms of bank profits. At the same time, all 12 public sector banks have earned a profit of Rs 34,643 crore in the March quarter. The special thing is that none of the 12 public sector banks is in loss. The bad loans (NPAs) of these banks have also come down.
