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Public sector banks post strong Q3 profit growth led by SBI
PSU banks delivered strong Q3 profits, with SBI leading sector growth.
Public sector banks posted strong profit growth in the third quarter, led by State Bank of India. Improved asset quality, lower credit costs, and steady loan expansion supported earnings across major lenders. Market participants said results underscore balance sheet strength among PSBs. Analysts expect momentum to continue, aided by stable credit demand, healthy capital buffers, and controlled asset stress through the coming quarters nationwide ahead.