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Fitch Flags Need for Improving Deposit Mobilization

The New Indian Express Sambalpur

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June 24, 2025

Accommodative monetary policy and easing funding conditions will help banks grow their assets a tad better this fiscal at 12-13%, over 10.6% in the previous fiscal, according to an international ratings agency.

- ENS ECONOMIC BUREAU @Mumbai

However, the ratings agency has flagged the need for improving deposit mobilization to maintain nearly 120 bps improvement in the loan-to-deposit ratio (LDR) in FY25.

The Fitch report also sees the impaired loan ratio further falling by 20 bps to 2% in the current fiscal as the legacy bad loans of the system are falling along with higher loan growth.

The RBI has given a lot of legroom for banks to grow faster.

WEITERE GESCHICHTEN VON The New Indian Express Sambalpur

The New Indian Express Sambalpur

Doc names cops in palm note, ends life

A 28-year old woman doctor working at a government hospital in Phaltan in Satara district of Maharashtra died by suicide late on Thursday night and left a seven-line note on her palm, blaming two police inspectors for her harassment, torture and sexual exploitation.

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Senapati decked up to greet & honour Muivah

UNC declares Genna for NSCN-IM leader’s visit

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Yeast can survive Martian environment: IISc

YEAST, an indispensable ingredient in making bread, beer, and biotech products, has the resilience to withstand harsh conditions found in the Martian environment, a new study by researchers from the Department of Biochemistry, Indian Institute of Science (IISc), and collaborators at the Physical Research Laboratory (PRL), Ahmedabad, have found.

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October 25, 2025

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The adman who spoke to India in its own language

PIYUSH Pandey was the odd man out at a RedInk Awards panel discussion soon after Prime Minister Modi was voted in for the first time in 2014.

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1 mins

October 25, 2025

The New Indian Express Sambalpur

SBI Life profit falls 6.6% despite rise in premium income

SBI Life Insurance on Friday reported a 6.6% year-on-year fall in net income to ₹494.6 crore in the September quarter, despite the largest private sector life insurer saw its premium income growing by 22.6%.

time to read

1 min

October 25, 2025

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Jaishankar snubs UN over Pak terror, says ‘all not well

EAM says Islamabad blocks world body’s sanctions over Pahalgam attack

time to read

1 mins

October 25, 2025

The New Indian Express Sambalpur

BJP scores surprise win in 1 seat, NC bags 3 in RS polls

THE Opposition BJP on Friday pulled off an unexpected victory in one of the four Rajya Sabha seats from J&K due to cross-voting by at least four legislators, while the ruling National Conference (NC) won the remaining three seats.

time to read

1 min

October 25, 2025

The New Indian Express Sambalpur

Taliban to build dam to limit water to Pak

IN a move that could have far-reaching consequences for Pakistan's already strained water and energy security, Afghanistan's Taliban government has said it will build a series of dams on the Kunar River.

time to read

1 min

October 25, 2025

The New Indian Express Sambalpur

16-yr-old girl gangraped by neighbours in house in Puri, two detained

IN a shocking incident, two youths allegedly gangraped a minor girl in her house in a village under Puri's Chandanpur police limits late on Thursday.

time to read

1 mins

October 25, 2025

The New Indian Express Sambalpur

India on alert as polio cases rise in Pak, Afghan

DESPITE being officially certified as polio-free in 2014, India remains at risk of polio reinfection due to vaccine-derived poliovirus (VDPV), its proximity to endemic countries, Pakistan and Afghanistan, and potential gaps in immunity, experts said here on the occasion of World Polio Day on Friday.

time to read

2 mins

October 25, 2025

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