Total loss of state-run banks crossed â¹87,000 crore in FY18
Public sector banks collectively suffered a net loss of â¹87,357 crore in 2017-18, with PNB posting the highest loss of nearly â¹12,283 crore. Of the 21 state-owned banks, only Indian Bank and Vijaya Bank reported profits during the financial year. All the 21 banks had together reported a net profit of â¹473.72 crore in 2016-17.