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PSBs Reach Record Low GNPA of 1.9% and Net Profit of ₹1.98 Lakh Cr in FY 2025‑26; Govt Launches ECLGS 5.0 for MSMEs and Airlines

In FY 2025‑26, India's public sector banks achieved a record low GNPA of 1.9% and a historic net profit of ₹1.98 lakh crore, while total business crossed ₹283 lakh crore. Concurrently, the government launched ECLGS 5.0, offering 100% guarantee for MSMEs and 90% for airlines, to address liquidity stress from the West Asia crisis, underscoring the importance of banking health and targeted credit guarantees for UPSC aspirants.
Overview The PSBs have shown a dramatic improvement in financial health during FY 2025‑26. Their gross non‑performing assets fell to a historic low of 1.9% , while net profit surged to ₹1.98 lakh crore . At the same time, the Government introduced the ECLGS 5.0 to cushion liquidity stress. Key Developments (FY 2025‑26) Gross GNPA fell to 1.9% , down from 7.3% in FY 2022‑23. Net profit of PSBs reached a record ₹1.98 lakh crore , up from ₹0.67 lakh crore in FY 2022‑23. Total business (deposits + loans) crossed **₹283 lakh crore**, a 56% rise over five years. Capital Adequacy Ratio ( CRAR ) improved to **16.6%**, exceeding the regulatory minimum. Credit growth remained robust: Retail loans grew **19.8%**, MSME loans **19.6%**, and agriculture loans **16.2%** YoY. Government launched ECLGS 5.0 with 100% guarantee for MSMEs and 90% for non‑MSMEs and scheduled passenger airlines, covering up to **₹2.55 lakh crore**. Important Facts and Figures Total Business (₹ lakh crore) : 181.5 (2022), 203.2 (2023), 226.7 (2024), 251.7 (2025), **283.3** (2026). Total Deposits (₹ lakh crore) : 107.2 → **156.3** over the period. Total Loans & Advances (₹ lakh crore) : 74.3 → **127.0**. Sector‑wise credit growth (YoY % in FY 2025‑26) : Retail Loans: **19.8%** Agriculture & Allied Activities: **16.2%** MSME Loans: **19.6%** Infrastructure (Industries) Loans: **4.9%** UPSC Relevance These trends illustrate the effectiveness of banking reforms and the role of public sector banks in achieving financial stability – a frequent topic in GS 3 (Economy) . Understanding GNPA and CRAR helps answer questions on bank health, credit risk, and regulatory standards. The <span class="key-term" data-definition="MSME – Micro, Small and Medium Enterprises, a sector that contributes significantly to employment and GDP; often a focus of credit and
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Key Insight

PSBs achieve record low GNPA and profit, while ECLGS 5.0 backs MSMEs and airlines

Key Facts

  1. सार्वजनिक क्षेत्र के बैंकों का GNPA FY 2025‑26 में 1.9% तक गिर गया, जो FY 2022‑23 में 7.3% था।
  2. PSBs ने FY 2025‑26 में ₹1.98 लाख करोड़ का शुद्ध लाभ दर्ज किया, जो FY 2022‑23 में ₹0.67 लाख करोड़ था।
  3. PSBs का कुल व्यापार FY 2025‑26 में ₹283.3 लाख करोड़ तक पहुंचा, जो पाँच वर्षों में 56% की वृद्धि है।
  4. PSBs का CRAR 16.6% तक सुधरा, जो 12.5% नियामक न्यूनतम से काफी अधिक है।
  5. FY 2025‑26 में रिटेल, MSME और कृषि ऋण वृद्धि क्रमशः 19.8%, 19.6% और 16.2% रही।
  6. सरकार ने May 2026 में ECLGS 5.0 लॉन्च किया, जो MSME क्रेडिट के लिए 100% गारंटी और एयरलाइंस के लिए 90% गारंटी प्रदान करता है, और ₹2.55 लाख करोड़ तक कवर करता है।
  7. ECLGS 5.0 का उद्देश्य पश्चिम एशिया संकट से उत्पन्न तरलता तनाव को कम करना है।

Background

The fall in GNPA and rise in CRAR reflect the success of banking reforms and capital infusion in public sector banks, a core topic in GS‑3 economy. ECLGS 5.0 is a targeted credit guarantee scheme that links fiscal policy with sector‑specific liquidity needs, especially for MSMEs and the aviation sector amid external shocks.

UPSC Syllabus

  • Essay — Economy, Development and Inequality
  • Essay — Youth, Health and Welfare
  • GS2 — Issues relating to Health, Education, Human Resources
  • GS3 — Effects of liberalization on economy, industrial policy and growth
  • Prelims_GS — Sustainable Development and Inclusion

Mains Angle

In a Mains answer, discuss how improved bank health supports credit flow and how ECLGS 5.0 mitigates crisis‑induced liquidity gaps; suitable for GS‑3 questions on banking reforms and government credit schemes.

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Overview

Full Article

Overview

The PSBs have shown a dramatic improvement in financial health during FY 2025‑26. Their gross non‑performing assets fell to a historic low of 1.9%, while net profit surged to ₹1.98 lakh crore. At the same time, the Government introduced the ECLGS 5.0 to cushion liquidity stress.

Key Developments (FY 2025‑26)

  • Gross GNPA fell to 1.9%, down from 7.3% in FY 2022‑23.
  • Net profit of PSBs reached a record ₹1.98 lakh crore, up from ₹0.67 lakh crore in FY 2022‑23.
  • Total business (deposits + loans) crossed **₹283 lakh crore**, a 56% rise over five years.
  • Capital Adequacy Ratio (CRAR) improved to **16.6%**, exceeding the regulatory minimum.
  • Credit growth remained robust: Retail loans grew **19.8%**, MSME loans **19.6%**, and agriculture loans **16.2%** YoY.
  • Government launched ECLGS 5.0 with 100% guarantee for MSMEs and 90% for non‑MSMEs and scheduled passenger airlines, covering up to **₹2.55 lakh crore**.

Important Facts and Figures

Total Business (₹ lakh crore): 181.5 (2022), 203.2 (2023), 226.7 (2024), 251.7 (2025), **283.3** (2026).

Total Deposits (₹ lakh crore): 107.2 → **156.3** over the period.

Total Loans & Advances (₹ lakh crore): 74.3 → **127.0**.

Sector‑wise credit growth (YoY % in FY 2025‑26):

  • Retail Loans: **19.8%**
  • Agriculture & Allied Activities: **16.2%**
  • MSME Loans: **19.6%**
  • Infrastructure (Industries) Loans: **4.9%**

Exam Relevance

These trends illustrate the effectiveness of banking reforms and the role of public sector banks in achieving financial stability – a frequent topic in GS 3 (Economy). Understanding GNPA and CRAR helps answer questions on bank health, credit risk, and regulatory standards. The

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PSBs achieve record low GNPA and profit, while ECLGS 5.0 backs MSMEs and airlines

Key Facts

  1. सार्वजनिक क्षेत्र के बैंकों का GNPA FY 2025‑26 में 1.9% तक गिर गया, जो FY 2022‑23 में 7.3% था।
  2. PSBs ने FY 2025‑26 में ₹1.98 लाख करोड़ का शुद्ध लाभ दर्ज किया, जो FY 2022‑23 में ₹0.67 लाख करोड़ था।
  3. PSBs का कुल व्यापार FY 2025‑26 में ₹283.3 लाख करोड़ तक पहुंचा, जो पाँच वर्षों में 56% की वृद्धि है।
  4. PSBs का CRAR 16.6% तक सुधरा, जो 12.5% नियामक न्यूनतम से काफी अधिक है।
  5. FY 2025‑26 में रिटेल, MSME और कृषि ऋण वृद्धि क्रमशः 19.8%, 19.6% और 16.2% रही।
  6. सरकार ने May 2026 में ECLGS 5.0 लॉन्च किया, जो MSME क्रेडिट के लिए 100% गारंटी और एयरलाइंस के लिए 90% गारंटी प्रदान करता है, और ₹2.55 लाख करोड़ तक कवर करता है।
  7. ECLGS 5.0 का उद्देश्य पश्चिम एशिया संकट से उत्पन्न तरलता तनाव को कम करना है।

Background & Context

The fall in GNPA and rise in CRAR reflect the success of banking reforms and capital infusion in public sector banks, a core topic in GS‑3 economy. ECLGS 5.0 is a targeted credit guarantee scheme that links fiscal policy with sector‑specific liquidity needs, especially for MSMEs and the aviation sector amid external shocks.

UPSC Syllabus Connections

Essay•Economy, Development and InequalityEssay•Youth, Health and WelfareGS2•Issues relating to Health, Education, Human ResourcesGS3•Effects of liberalization on economy, industrial policy and growthPrelims_GS•Sustainable Development and Inclusion

Mains Answer Angle

In a Mains answer, discuss how improved bank health supports credit flow and how ECLGS 5.0 mitigates crisis‑induced liquidity gaps; suitable for GS‑3 questions on banking reforms and government credit schemes.

Analysis

Related PYQs

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Practice Questions

GS3
Medium
Prelims MCQ

Banking sector performance

1 marks
4 keywords
GS3
Medium
Mains Short Answer

Bank capital adequacy

10 marks
4 keywords
GS3
Hard
Mains Essay

Credit guarantee schemes and sectoral liquidity

25 marks
6 keywords
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