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GS3 · Banking

FM reviews public sector banks

1 min readBanking Regulation
Battle IAS current affairs title card: FM reviews public sector banks (GS3 · Banking, 27 June 2025)

What happened

  • The FM reviewed PSB performance; total business rose from ₹203 lakh crore in 2022-23 to ₹251 lakh crore in 2024-25 [PIB].

Background

  • Areas included credit, inclusion and cyber security [PIB].

Why it matters

  • PSB health supports credit.

How to use this in Mains

GS-III Indian economy: mobilisation of resources, banking and inclusive growth

  1. As per PIB (2025-06-27): the FM reviewed PSB performance; total business rose from ₹203 lakh crore in 2022-23 to ₹251 lakh crore in 2024-25.
  2. PSB health supports credit.
Quotable data point

total business rose from ₹203 lakh crore in 2022-23 to ₹251 lakh crore in 2024-25.

PIB: PSB review, 27 Jun 2025

Exam angle

UPSC

Prelims: none.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

PSB business 2024-25

Answer (b) & explanation

PIB.

Go deeper

ExplainerReserve Bank of India: History, Structure, Functions, Monetary Policy Committee, Surplus Transfer and the Autonomy Debate (UPSC Notes + PYQs)

Official source: PIB: PSB review, 27 Jun 2025

facts from cited sources only; faculty review pending