Profiteering Govt Banks
The net profit of 12Government Banks is increasing steadily led by State Bank of India.
Rs.in Crore. Net profit after tax
FY 2021-22. 66,543
FY 2022-23. 1,04,649
FY 2023-24. 1,41,202
FY. 2024-25. 1,78,364
FY 2025-26. 1,98,210
However Punjab Sind Bank, UCO Bank are not growing due to huge NPAs and Fresh Slippage of accounts to NPA. Except SBI other Government Banks are doing more business in Rural areas and Semi Urban centres.
There is very huge competition from Private and Foreign Banks in all 46 Metro centres having population of above 10 lakh people.
Net profit of Government Banks in FY 2025-26 was as under :
Rs. In crore
State Bank. 80,032
Bank of Baroda. 20,201
Canara Bank. 19,187
Union Bank of India. 18,697
Punjab National Bank 16,904
Indian Bank. 12,156
Bank of India. 10,527
Bank of Maharashtra 7,019
Indian Overseas Bank 5,208
Central Bank of India. 4,531
UCO Bank. 2,768
Punjab Sind Bank. 1,322
Private Banks top 11 new ( out of 21)
HDFC Bank. 74,672
ICICI Bank. 50,147
Axis Bank. 24,457
Kotak Mahindra. 19,288
IDBI Bank. 9,513
Federal Bank. 4,117
Yes Bank. 3,476
IDFC First Bank. 1,636
Bandhan Bank. 1,224
Indusind Bank. 889
RBL Bank. 822
The fallout of Indusind Bank from 5th Private bank to last position in last year is a eye opener for Private Banks. Let us hope it recovers this year.
However Yes Bank and IDBI Bank shown Good Turnaround. Good feature it was.
IDFC First Bank shown huge percentage growth in Deposit Mobilisation and
Advances but margin of profit was less.
AU Small Finance Bank Rs. 2,641 crore profit is another good feature. Now it is becoming a Global Bank, how it improves to be seen now?
No comments:
Post a Comment