Bank Update: You also have an account in a government bank, so this news is useful for you!

A big news has come out regarding public sector banks. In such a situation, if your account is also in a government bank, then this news can be useful for you. Yes, with the good performance of the banks in the March quarter, the profit record of public sector banks is expected to reach one lakh crore rupees in the ended financial year.

In such a situation, there is also news that the performance of public sector banks can go to a new height due to the decrease in the number of bad loans and increase in loans. Which will directly benefit the banks as well as the customers will also benefit.

In such a situation, the statement of a senior bank official has also come and it has been told that the country's largest lender State Bank of India can earn a profit of more than Rs 40,000 crore in the financial year ending March 2023.