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    • Question

      What contributed to the highest-ever net profit of

      ₹1,29,426 crore recorded by Public Sector Banks (PSBs) in the first nine months of FY 2024-25?
      A Increased non-performing assets (NPAs) Correct Answer Incorrect Answer
      B Higher credit growth and improved asset quality Correct Answer Incorrect Answer
      C Reduction in interest rates on home loans Correct Answer Incorrect Answer
      D Government bailout funds for PSBs Correct Answer Incorrect Answer
      E Increased corporate loan defaults Correct Answer Incorrect Answer

      Solution

      Public Sector Banks (PSBs) recorded their highest-ever net profit of ₹1,29,426 crore in FY 2024-25 due to higher credit growth and improved asset quality.

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