Q1 data shows worst may be over for PSU banks

Public sector unit (PSU) banks seem to have put the worst behind them. The combined loss of all state-owned lenders has shrunk 74% to Rs 16,614 crore for the quarter ended June 2018 (Q1FY19) as compared to Rs 62,681 crore in the preceding quarter of January-March (Q4FY18).

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