New Delhi: Public sector banks have reported a robust net profit of Rs 93,675 crore in the first half (April-September) of FY 2025-26 and a marked improvement in their asset values with Gross NPAs declining to a multiyear low of 2.3 per cent while Net NPAs have dipped to 0.45 per cent.

The aggregate business of the government-owned banks has increased to an impressive Rs 261 lakh crore with advances growing by 12.3 per cent year-on-year and deposits by 9.6 per cent, according to a Finance Ministry statement issued on Wednesday.

The Return on Assets of public sector banks was 1.08 per cent while the cost of funds improved to 4.97 per cent, reflecting better efficiency and profitability during the first half of the current financial year.

The Secretary of the Department of Financial Servi

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