Poging GOUD - Vrij
Tax and rate cuts to fuel consumption, credit: SBI
Hindustan Times Delhi
|November 05, 2025
SBI expects 12-14% FY26 credit growth, higher than the 11-12% it predicted in Aug
SBI's net profit rose 10% in the September quarter.
(MINT)
A gathering consumption wave is expected to lift credit growth beyond previous projections, India’s largest lender State Bank of India said, as the combined effect of tax and interest rate cuts ripples through the economy. The state-run bank on Tuesday said it expects FY26 credit growth at 12-14%, higher than the 11-12% it predicted as recently as August. The central bank’s recent measures to smooth credit flow alone will raise industry-wide credit growth by 100 basis points, chairman C.S. Setty said.
SBI's net profit rose 10% in the September quarter, powered by gains from the partial sale of its Yes Bank stake in September. Total business, the sum of the bank's loans and deposits, crossed ₹100 lakh crore, the first for any Indian lender.
Dit verhaal komt uit de November 05, 2025-editie van Hindustan Times Delhi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Hindustan Times Delhi
Hindustan Times
Ex-CIA agent convicted of spying for Soviets dies
Aldrich Ames, the Central Intelligence Agency (CIA) spy who was sentenced to life in prison for selling secrets to Moscow, costing the lives of a dozen double agents, died on Monday in custody, US authorities said.
1 mins
January 08, 2026
Hindustan Times
US seizes 2 oil tankers linked to Venezuela, will selectively lift sanctions on its trade
WASHINGTON: The US seized two sanctioned oil tankers linked to Venezuela in back-to-back actions in the North Atlantic and the Caribbean Sea, officials said on Wednesday, and is removing sanctions to enable the shipping and sale of oil from the South American country to markets worldwide.
1 min
January 08, 2026
Hindustan Times
ANIL AGARWAL'S SON AGNIVESH DIES IN U.S. HOSPITAL
NEW DELHI: Agnivesh Agarwal, the eldest son of mining billionaire Anil Agarwal, died in a hospital in the US. He was 49.
1 min
January 08, 2026
Hindustan Times
IRAN’S ARMY CHIEF WARNS ISRAEL, U.S. AMID PROTESTS
Iran's military chief General Amir Hatami warned on Wednesday that Iran will not stand by and allow itself to be threatened by outside powers, after the United States and Israel backed anti-government protests, AFP reported.
1 min
January 08, 2026
Hindustan Times
Shefali recalls leaving first marriage for self-worth
Actor Shefali Shah recently opened up about choosing self-worth over compromise, saying she once reached a point in life where she realised, “I am not pizza; I can't satisfy everyone.”
1 mins
January 08, 2026
Hindustan Times
PMK, AIADMK tie-up for TN polls to bolster NDA
Tamil Nadu's primary opposition AIADMK and the Anbumani Ramadoss-led PMK finalised their alliance on Wednesday, as AIADMK general secretary Edappadi K Palaniswami arrived in Delhi to meet Union home minister Amit Shah.
1 min
January 08, 2026
Hindustan Times
Bushra Ateeq wins GD Birla Scientific Research Award
Professor Bushra Ateeq, a scientist at the forefront of next-generation diagnostic and therapeutic strategies for cancer, has won the GD Birla Award for Scientific Research 2025, one of India’s most prestigious honours for scientists.
1 mins
January 08, 2026
Hindustan Times
ED RENEWS BID TO EXTRADITE MAHADEV APP CHIEF FROM UAE
The Enforcement Directorate has sent a fresh extradition request to the UAE regarding Mahadev app co-founder Sourabh Chandrakar, who was first detained in Dubai in 2024 but was subsequently released, asking authorities in the West Asian country to \"provisionally arrest\" him so that the process to bring the alleged mastermind of a ₹6,000 crore illegal betting syndicate can begin, senior officials in the agency told HT.
1 min
January 08, 2026
Hindustan Times
2023 near-miss probe: DGCA to check carriers' nav systems
The Aircraft Accident Investigation Bureau (AAIB) has asked the Directorate General of Civil Aviation (DGCA) to inspect all scheduled airlines and the air navigation services provider to assess their safety management systems.
1 min
January 08, 2026
Hindustan Times
Pakistan eyes defence pact with B'desh, JF-17 jets sale
The air force chiefs of Pakistan and Bangladesh held talks on a potential pact covering the sale of JF-17 Thunder fighter jets to Dhaka, Pakistan's military said, as Islamabad widens its arms supply ambitions and beefs up ties with Bangladesh.
1 min
January 08, 2026
Listen
Translate
Change font size