'PSU Profits At Record High, Aiding Make In India Dream': PM On Massive PSU Banks Turnaround

Описание: 'PSU Profits At Record High, Aiding Make In India Dream': PM On Massive PSU Banks Turnaround

Prime Minister Narendra Modi hailed public sector banks' unprecedented turnaround, declaring their record profits as a cornerstone for the Make In India initiative. Speaking on February 5, 2026, he credited PSU banks' ₹49,456 crore Q2 FY26 net profit—a 9% YoY surge led by SBI's ₹20,160 crore contribution—for bolstering manufacturing loans and infrastructure funding. This financial muscle, up from chronic NPAs a decade ago, directly powers Atmanirbhar Bharat's self-reliance goals.

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