India's public sector banks report a corporate loan pipeline of about ā¹7.8 lakh crore
The Economic Times says SBI's chairman put its corporate loan prospects at up to ā¹5 lakh crore in August.
TLDR
The Economic Times reports that public sector banks have a combined corporate loan pipeline of about ā¹7.8 lakh crore, which it describes as a sign of stronger credit demand as companies invest. Punjab National Bank says its pipeline is ā¹1.58 lakh crore. In an August interview, SBI's chairman put its prospects at as much as ā¹5 lakh crore, supported by investment plans in renewable energy, battery storage and data centres.
Combined views
4.6K
1 Source, first seen ago