India's corporate loan books grow 13% amid capex revival
after close1 source ↓written by the desknot a recommendation
- year-on-year
- 13%
- loan book reaching
- ₹13.33 lakh crore
- Corporate loan pipeline
- ₹8 lakh crore
Corporate lending in India surged 13% year-on-year, driven by a revival in capital expenditure across sectors like oil and gas, infrastructure, and metals. Major banks, including State Bank of India, reported significant growth, with its corporate loan book reaching ₹13.33 lakh crore. This trend indicates strong economic optimism and increased investment demand from businesses.
• SBI's loan growth: 13.4% YoY
• Corporate loan pipeline: ₹8 lakh crore
• Private banks also showing robust performance.
Not investment advice. For informational purposes only.