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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on Tue, 26 Aug 2025 14:05:00 +0530
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Tags: India Inc meeting capex need with own cash, says SBI chief C S Setty