Public sector banks (PSBs) in India showcased strong financial performance in Q1 FY26, achieving a record collective profit of Rs 44,218 crore, an 11% increase year-on-year. State Bank of India led the gains, contributing significantly to the overall earnings. While most PSBs saw profit growth, Punjab National Bank experienced a decline during the same period. Post navigation UIDAI-Starlink partnership: Starlink to use Aadhaar for customer verification; UIDAI tie-up clears path for 20 lakh users Consumer authority slaps Rs 10 lakh fine on Rapido for misleading ads, unfair trade practices
