Gross NPAs of public sector banks fall to historic low of 1.9 per cent, net profit at record high

New Delhi, July 28 (IANS) The financial health of public sector banks has shown significant improvement with healthy balance sheets, historically high profits and multi-decadal low levels of gross non-performing assets (GNPAs), the Parliament was informed on Tuesday.

Gross Non-Performing Assets (GNPA) of public sector banks have fallen to a historic low of 1.9 per cent in FY 2025–26, they have also achieved the highest-ever net profit of Rs 1.98 lakh crore, and aggregate business has crossed the Rs 283 lakh crore mark, according to data tabled by Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha.