HomeBusinessFor the first time ever, PSU banks' M-cap exceeds 10 lakh crore:...

For the first time ever, PSU banks’ M-cap exceeds 10 lakh crore: Report

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  • For the first time ever, the market value of government-run banks has allegedly surpassed 10 lakh crore, with the State Bank of India (SBI) making the largest contribution.
  • In September, SBI became the third lender to for the first time surpass the market worth of 5 lakh crore.
  • This year, the state-run lender index has increased by almost 63%.

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