Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Fitch Flags Need for Improving Deposit Mobilization

The New Indian Express Tirupati

|

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 leeway for banks to grow faster.

MORE STORIES FROM The New Indian Express Tirupati

The New Indian Express Tirupati

K-point in India, Canada NSA talks

IN a key step towards mending diplomatic ties, National Security Adviser Ajit Doval held bilateral security consultations with his Canadian counterpart Nathalie Drouin in New Delhi on Thursday.

time to read

1 mins

September 20, 2025

The New Indian Express Tirupati

The New Indian Express Tirupati

Bonda targets PCB chief; PK gives strong reply

ASSERTING that steps will be taken to control the industrial pollution, Deputy Chief Minister (Environment and Forest) Pawan Kalyan has said the coalition government will not give scope to a situation that terrorises industrialists.

time to read

1 min

September 20, 2025

The New Indian Express Tirupati

LIQUOR SCAM ₹38L in cash, incriminating material seized in ED raids

THE Enforcement Directorate (ED), Hyderabad Zonal Office, conducted search operations at 20 locations across five States in connection with the alleged multi-crore liquor scam during the previous YSRCP regime, and seized ₹38 lakh unaccounted cash, and ledgers with transactions worth crores.

time to read

1 min

September 20, 2025

The New Indian Express Tirupati

Zubeen Garg of ‘Ya Ali’ fame dies in Singapore scuba diving accident

Zubeen Garg, the 52-year-old cultural icon of Assam and a heartthrob of the younger generation, passed away on Friday in Singapore, leaving behind a rich legacy.

time to read

1 min

September 20, 2025

The New Indian Express Tirupati

The New Indian Express Tirupati

CM roots for ‘One State-One Water’ concept to combat drought in State

CHIEF Minister N Chandrababu Naidu on Friday asserted that effective water management could make Andhra Pradesh drought-free.

time to read

1 min

September 20, 2025

The New Indian Express Tirupati

Sebi clean chit to Adani on Hindenburg allegations

MARKETS watchdog Sebi on Thursday dismissed all charges levelled by the now-shuttered US-based short-seller Hindenburg Research against the Adani group, its founder Gautam Adani, his brother, and a few top executives including the group’s chief financial officer Jugeshinder Singh.

time to read

1 min

September 19, 2025

The New Indian Express Tirupati

India weighs Pak-Saudi def pact

NATO-STYLE AGREEMENT TO TREAT ATTACK ON ONE COUNTRY AS ATTACK ON BOTH

time to read

2 mins

September 19, 2025

The New Indian Express Tirupati

The New Indian Express Tirupati

TTD fully geared up for Brahmotsavams rush

THE Tirumala Tirupati Devasthanams (TTD) has been fully prepared for the nine-day annual Brahmotsavams as lakhs of pilgrims are expected to visit Tirumala, TTD Chairman BR Naidu said.

time to read

1 min

September 19, 2025

The New Indian Express Tirupati

Liquor case: ED conducts searches at 20 places

THE Enforcement Directorate (ED) on Thursday conducted searches at 20 locations in Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Delhi as part of its money laundering probe into the alleged multi-crore liquor scam.

time to read

1 min

September 19, 2025

The New Indian Express Tirupati

Assembly backs GST 2.0 despite ₹8,000 crore revenue loss for AP

DESPITE an estimated %8,000 crore revenue loss for Andhra Pradesh, Chief Minister N Chandrababu Naidu has supported second-generation GST reforms, prioritising public welfare over immediate fiscal gains.

time to read

1 mins

September 19, 2025

Listen

Translate

Share

-
+

Change font size