In a remarkable turnaround, the public sector banks in India have scripted an inspiring tale of financial success. Cumulative profits of PSBs have crossed the ₹1 lakh crore-mark in the fiscal year ending March 2023.

The Turnaround Story of India's Public Sector Banks

Thirteen state banks have reported combined losses of $8.6 billion for the year to March - including $6.5 billion in the last quarter

India state banks' bailout stumbles as losses mount

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The Turnaround Story of India's Public Sector Banks

India state banks' bailout stumbles as losses mount