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Finance ministry urges spending discipline, resilience amid global uncertainties; banks post record Rs 1.98 lakh crore profit
The finance ministry on Friday asked public sector banks (PSBs) to adopt prudent expenditure and austerity measures at all levels while maintaining resilience amid evolving global uncertainties, even as it reviewed their record financial performance in FY26, PTI reported.
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thehindubusinessline.com
FinMin to meet chiefs of PSU banks on Friday to review credit flow to agri, MSME sectors
Public sector banks (PSBs) have recorded an all-time high net profit of ₹1.98 lakh crore in 2025-26, marking the fourth straight year of profitability
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timesofindia.indiatimes.com
Finance ministry urges spending discipline, resilience amid global uncertainties; banks post record Rs 1.98 lakh crore profit
The finance ministry on Friday asked public sector banks (PSBs) to adopt prudent expenditure and austerity measures at all levels while maintaining resilience amid evolving global…
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economictimes.indiatimes.com
Iran war: Public sector banks asked to stay prepared
Public sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance and launched a portal for unclaimed…