Profit of Government Banks crosses 1 lac crore this year, Check Bank wise profit

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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.

Profits of PSBs/Government Banks

BankMarch Quarter (crores)FY22-23 (crores)
SBI16,69550,232
Bank of Baroda4,77514,109
Canara Bank3,33611,254
Union Bank2,7828,433
Bank of India1,3504,023
Bank Of Maharashtra840 2,602
PNB 1,1592,507
Central Bank of India571 1,582
Punjab And Sind Bank4571,313
Indian Bank1,4475,282
Indian Overseas Bank6502,099
UCO Bank5811,862

PSBs Profit/Loss for the last 6 years

YearProfit/Loss (in crores)
2022-231,05,298
2021-2266,539
2020-2131,820
2019-20– 25,941
2018-19– 66,636
2017-18– 85,870

Business of PSBs

BankBusiness
SBI 77 lakh crores
Bank of Baroda21.73 lakh crore
PNB21 lakh crore
Canara Bank20.41 lakh crore
Union Bank19.27 lakh crore

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