Which public sector bank recorded the highest profit in FY 2024?

### Concept & Fact Public Sector Banks (PSBs) in India publish their annual financial results at the end of the fiscal year (FY). Net profit is a primary indicator of a bank's operational success and market dominance. ### Step-by-Step Solution * **Analyze the Options:** The options provided are major PSBs in India. * **Market Share:** State Bank of India (SBI) is the largest public sector bank in the country, holding a massive share of the banking market. * **FY 2024 Results:** For the financial year 2023-24, total net profit of all PSBs crossed ₹1.4 lakh crore. SBI alone contributed significantly to this pool. * **Highest Profit:** State Bank of India reported a record standalone net profit of ₹61,077 crore in FY24, making it the highest profit-making public sector bank by a very large margin. ### Exam Strategy & Shortcut Unless the question specifically asks for the "highest percentage growth in profit" (which might be a smaller bank like Bank of Maharashtra), the absolute "highest profit" among PSBs will almost always be SBI due to its sheer scale and asset size. ### Common Pitfall Do not confuse "highest net profit" with "highest profit growth rate". A smaller bank can have a 50% profit growth while SBI has a 20% growth, but SBI's absolute profit will still be much higher. ### Final Answer Therefore, the correct answer is **State Bank of India**.