PSU Banks Led by SBI Post Record ₹49,456 Cr Profit in Q2 FY26

Current Context: The Quarterly Financial Results of Public Sector Banks – Q2 FY26 were released through stock exchange filings between 31 Oct – 4 Nov 2025.

• Public sector banks posted a record combined profit of ₹49,456 crore, a 9% YoY rise from ₹45,547 crore in Q2 FY25.
• SBI led with a profit of ₹20,160 crore, contributing nearly 40% of the total.
• Indian Overseas Bank reported the highest growth at 58%, while Central Bank of India rose 33%.
• Some banks like Bank of Baroda and Union Bank saw profit declines.

Overall, the results reflect improved asset quality, strong credit growth, and sector resilience.

Question:

Q.1 As per the Quarterly Financial Results of Public Sector Banks – Q2 FY26, what was the combined net profit posted by public sector banks?
a) ₹45,547 crore
b) ₹49,456 crore
c) ₹42,800 crore
d) ₹51,200 crore

Answer: b) Public sector banks posted a record combined profit of ₹49,456 crore, a 9% YoY rise from ₹45,547 crore in Q2 FY25.