SBI chief C S Setty sees signs of private capex growth

SBI chairman C S Setty reported robust private capital expenditure as corporates utilize the bank's Rs 4-lakh-crore sanctioned credit pipeline. He revealed a 15-16% corporate credit growth last quarter and assured that the bank’s credit-deposit ratio remains comfortable, indicating sufficient funds for lending.

Aug 31, 2024 - 07:30

SBI chief C S Setty sees signs of private capex growth

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SBI chairman C S Setty reported robust private capital expenditure as corporates utilize the bank's Rs 4-lakh-crore sanctioned credit pipeline. He revealed a 15-16% corporate credit growth last quarter and assured that the bank’s credit-deposit ratio remains comfortable, indicating sufficient funds for lending.