Cuddalore Collector releases credit potential assessment for 2025-26, aims for Rs 21,069.89 crore credit growth
New Indian ExpressCUDDALORE: Collector Sibi Adithya Senthil Kumar released the credit potential assessment document for the financial year 2025-26 at a meeting held at the collectorate conference hall. Speaking at the event, the collector stated, “The National Bank for Agriculture and Rural Development has estimated the district’s credit potential for 2025-26 at Rs 21,069.89 crore. This represents an 11% increase compared to the Annual Credit Plan for the current year.” The credit plan document, prepared in consultation with government departments, banks, and other stakeholders, allocates Rs 16,176.12 crore for agriculture, Rs 2,622.20 crore for the MSME sector, and Rs 2,271.56 crore for other key sectors. The meeting was attended by Indian Bank Regional Manager N Gauri Sankar Rao, RBI Assistant Chief Manager R Sridar, NABARD Assistant Chief Manager RV Siddarthan, and other officials.