Name: India Inc meeting capex need with own cash, says SBI chief C S Setty
Uploaded: Tue, 26 Aug 2025 14:05:00 +0530
Channel: Rediff Video Desk
Description: India Inc, which is sitting on cash balances of ₹13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday.He added that a slowdown in corporate credit is mainly due to lack of demand.

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India Inc, which is sitting on cash balances of ₹13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.

Uploaded by: Rediff Video Desk on Tue, 26 Aug 2025 14:05:00 +0530

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