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Bank Credit to Rise by 100-200 bps to 12-13%

The New Indian Express Sambalpur

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April 16, 2025

BANK credit is likely to grow by 100-200 basis points year-on-year to 12-13% this fiscal, as against 11-11.5% the industry has notched up in fiscal 2025, on the back of tailwinds like new supportive regulatory measures, a boost to consumption from tax cuts and softer interest rates.

- ENS ECONOMIC BUREAU @ Mumbai

Deposit growth is another crucial support for credit growth, says a report. As per a Crisil Ratings report released on Tuesday, the following two key regulatory changes are expected to support bank credit growth.

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The New Indian Express Sambalpur

Cong war room in full throttle as campaign hits fever pitch

WITH just days to go before the first phase of the Bihar Assembly elections on November 6, the Congress war room is operating round the clock to finetune its campaign strategy amid alliance challenges and regional complexities.

time to read

1 mins

November 03, 2025

The New Indian Express Sambalpur

Covid death relief only for 500 docs' kin: RTI

ONLY 500 families of doctors who succumbed to COVID-19 during the first and second waves have been compensated by the government so far, latest RTI data has revealed.

time to read

2 mins

November 03, 2025

The New Indian Express Sambalpur

Western disturbance likely to reduce temps in northern, central India

A fresh Western Disturbance is set to affect the Western Himalayan region this week, bringing snowfall to higher reaches and rainfall to lower areas, marking the onset of winter in North and Central India.

time to read

1 min

November 03, 2025

The New Indian Express Sambalpur

IIHL, Invesco Mutual Fund form JV

INDUSIND International Holdings Limited (IIHL), the promoter of IndusInd Bank, and Invesco Ltd. (Invesco) have completed formation of their asset management joint venture (JV) following ITHL’s acquisition of a60% ownership stake in Invesco Asset Management India (IAMD).

time to read

1 min

November 03, 2025

The New Indian Express Sambalpur

The New Indian Express Sambalpur

THE WEALTH OF MERCY

N the delicious interlude between Diwali and Dev Diwali, or Kartik Poornima, that's coming up on November 5, the thoughts of many devotees may frequently dwell on the abundance of Mahalakshmi. So, it seems appropriate to talk a little about her.

time to read

4 mins

November 03, 2025

The New Indian Express Sambalpur

The New Indian Express Sambalpur

48 J'khand migrants stuck in Tunisia set to return home as firm steps in

THE ordeal of 48 migrant workers from Jharkhand's Giridih, Bokaro and Hazaribagh districts, who have been stranded in Tunisia, North Africa, for the past several months is finally coming to an end, with their return scheduled for November 5 after intervention by Larsen & Toubro (L&T).

time to read

1 mins

November 03, 2025

The New Indian Express Sambalpur

Chessi, the Argentine prodigy compared to Messi

FOR a period of time sandwiched by the pandemic, young Indian players had a number of eye-catching performances.

time to read

2 mins

November 03, 2025

The New Indian Express Sambalpur

India clinch third T20I vs Australia

WASHINGTON Sundar hit an unbeaten 49 as India chased down 187 to beat Australia by five wickets in the third Twenty20 international on Sunday and level the series.

time to read

1 min

November 03, 2025

The New Indian Express Sambalpur

The New Indian Express Sambalpur

'Sweden to handhold India to comply with CBAM norms'

SWEDEN will be helping India to develop industry and make more sustainable model that will help India cater to the rules and regulations of Carbon Border Adjustment Mechanism (CBAM), confirmed Sara Modig, state secretary, Ministry of Environment & Climate, Government of Sweden.

time to read

1 min

November 03, 2025

The New Indian Express Sambalpur

Iran vows to rebuild nuclear sites stronger than before

IRAN said on Sunday that it would rebuild nuclear sites damaged by Israeli and US strikes “stronger than before”, as mediator Oman urged Tehran and Washington to revive stalled diplomacy.

time to read

1 min

November 03, 2025

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