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SBI expects slower loan growth of 12-13% in FY26 amid tariff-related risks
May 09, 2025
|Indian Chronicle
The country’s largest bank State Bank of India (SBI) has revised its loan growth target for the current financial year (FY2026) downward to 12-13 per cent from an earlier projection of 14-16 per cent, amid tariff related uncertainties, its Chairman C S Setty said
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In the quarter ended March 2025, the bank profit after tax (PAT) declined by 10 per cent to Rs 18,643 crore.“Our earlier (loan growth) guidance was 14-16 percent and we are moderating that to 12-13 percent (for FY26). The system level credit growth probably would be 10-11 percent,” Setty told reporters after announcing the quarterly results.Last month, US President Donald Trump had announced sweeping reciprocal tariffs on America’s major trading partners. The announcement, which sent ripples through financial markets across the globe, including in India, has increased the risk of global growth slowdown and an escalation of trade wars.Setty said that the Indian economy is less impacted by the tariffs as it is primarily a domestic
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Indian Chronicle
Telangana government plans integrated hostel management software as food poisoning cases persist
With task force committees and institution level committees failing to yield the desired results in curbing food poisoning cases in State run schools and hostels, the State government is planning to develop special software for hostel management across all welfare departments.
1 min
November 17, 2025
Indian Chronicle
PM hails tribal community’s contribution to freedom struggle; accuses Congress of neglecting them
Prime Minister Narendra Modi on Saturday (November 15, 2025) said the tribal community's contribution to the country's freedom struggle was significant, but the Congress did not acknowledge the same and neglected the community during its 60-year rule.
3 mins
November 17, 2025
Indian Chronicle
BRS disqualification petitions: Telangana Speaker holds hearing against turncoat MLAs
Assembly Speaker Gaddam Prasad Kumar on Saturday conducted a hearing on the disqualification petitions filed by Bharat Rashtra Samithi (BRS) against turncoat MLAs, including Bhadrachalam MLA T Venkat Rao and Jagtial MLA Dr Sanjay.
1 min
November 17, 2025
Indian Chronicle
BRS spokesperson Manne Krishank receives threat online
In a disturbing escalation of political tensions following the Jubilee Hills bypoll, Bharat Rashtra Samithi spokesperson and social media convener Manne Krishank received a direct threat via a message request on X from a user identified as @naveen_144.The message appears to warn Krishank against his criticism of Chief Minister A. Revanth Reddy. It was sent to him in response to accusations of electoral malpractices in the constituency.The incident comes just days after the November 11 bypoll in Jubilee Hills, where BRS candidate Maganti Sunitha staged a protest alleging large-scale rigging, bogus voting and intimidation of party workers at polling stations.Krishank had publicly commented on these irregularities through his social media postings, highlighting what he described as “State-sponsored threats” to suppress opposition voices. The threatening message was sent in response to one of his posts.
1 min
November 17, 2025
Indian Chronicle
ECI plans for pre-mapped data during SIR Phase 2 remain unclear
As the second phase of the Special Intensive Revision (SIR) of electoral rolls gets under way, it is unclear how the Election Commission of India (ECI) plans to use the “pre-mapping” exercise done by each State before the rollout of the gigantic project.
1 min
November 17, 2025
Indian Chronicle
Voters correct Lok Sabha mistake, reaffirm trust in PM Modi
The massive mandate for the NDA in Bihar Assembly elections not just reflects Prime Minister Narendra Modi's enduring charisma but also mirrors a course correction by a large number electors who did not back the BJP-led alliance in the 2024 Lok Sabha polls, political analysts said on Friday.As repeatedly seen in Assembly elections held after the Lok Sabha elections last year, people have felt a sense of guilt and as a result voted repeatedly in favour of the BJP in Haryana, Maharashtra, Delhi and now Bihar, a psephologist said.
1 mins
November 15, 2025
Indian Chronicle
SC bans mining activities within one km radius of national parks, wildlife sanctuaries
The Supreme Court on Thursday banned mining activities within an area of one km from national parks and wildlife sanctuaries, noting that such activities will be hazardous to the wildlife .A bench comprising Chief Justice of India B.R. Gavai and Justice K. Vinod Chandran was considering pleas on issues related to the notification of areas under Saranda Wildlife Sanctuary (SWL) and the Sasangdaburu Conservation Reserve (SCR) as a conservation reserve in Jharkhand.
1 min
November 14, 2025
Indian Chronicle
Telangana Cabinet meeting on November 15 to decide on local body polls, BC quota
The State Cabinet meeting, earlier planned for Wednesday, has been postponed to November 15, with the government expected to take several crucial decisions, including on the long-pending local body elections and BC reservations.The meeting, to be chaired by Chief Minister A Revanth Reddy at the State Secretariat, comes a day after the Jubilee Hills bypoll results are announced on November 14.According to official sources, the meeting which was initially scheduled for November 7 and later moved to November 12, was postponed to await the bypoll outcome. The Congress leadership, confident of victory in Jubilee Hills, is reportedly preparing to initiate key administrative measures once the results are declared.
1 mins
November 13, 2025
Indian Chronicle
Delhi Red Fort blast: All responsible will be brought to justice, says PM Modi
Prime Minister Narendra Modi, on Tuesday said the conspirators behind Monday night's car explosion near Red Fort in Delhi that killed at least 13 people “will not be spared”.
2 mins
November 12, 2025
Indian Chronicle
My son's death is a mystery, says Jubilee Hills MLA's mother
Maganti Mahananda Kumari, mother of BRS MLA from Jubilee Hills, late Maganti Gopinath, on Sunday said that his death remains a mystery.
2 mins
November 11, 2025
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