05-November-2026
Banking
 
PSB Q2 net profit jumps 17% YoY to Rs 53,771 crore on strong NII growth
05-Nov-2026

By Abhijit Lele Public sector banks (PSBs) posted 17 % year-on-year (Y-o-Y) growth — highest in six quarters — in net profit at Rs 53,771 crore during the September 2026 quarter (Q2Fy27) on the back of healthy growth in net interest income (NII). Sequentially, the net profits were down marginally (0.79%) from Rs 54,198 crore in the June 2026 quarter (Q1Fy27), according to data sourced from Capitalline for 12 listed PSBs.

News Source:- https://www.financialexpress.com/business/banking-finance-psb-q2-net-profit-jumps-17-yoy-to-rs-53771-crore-on-strong-nii-growth-4377132/
 
 
 

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