SBI Sees Corporate Credit Rebound, Eyes Double-Digit Growth

03 Dec 2025 CW Team

State Bank of India is witnessing a clear revival in corporate credit demand, driven by improving economic activity, and expects the segment to record double-digit growth over the remaining two quarters of the current financial year, Chairman CS Setty said.

He noted that the bank has a strong credit pipeline, with loan sanctions totalling about Rs 7 trillion, comprising unutilised working capital limits and term loans currently under disbursement. In addition, several project loans are under active discussion. After a prolonged period of sluggishness, corporate lending registered a growth of 7.1 per cent in Q2, marking a significant turnaround. “Our guidance for corporate credit is lower double-digit growth in the next two quarters, supported by the available pipeline,” Setty said.

Rising economic momentum is also lifting working capital utilisation, with steady improvement each quarter. For term loans, he said, projects that have already been approved and are under disbursement are progressing, while those still under evaluation will contribute to a replenished pipeline.

Setty added that SBI is unlikely to require additional equity capital to sustain credit expansion while maintaining a capital adequacy ratio of 15 per cent over the next five to six years.

On profitability, he reaffirmed confidence in achieving the bank’s net interest margin target of 3 per cent. This, he said, would remain achievable even if the Reserve Bank of India were to cut the repo rate by 0.25 per cent in the upcoming monetary policy decision. The outcome is expected to be a “close call”, though SBI’s internal assessment suggests a shallow 0.25 per cent reduction.

Infrastructure Urban

11 Mar 2026

CIMCON Automation Expands Eastern India Presence With Kolkata Office

CIMCON Automation has expanded its presence in Eastern India with the launch of a new office in Salt Lake City, Kolkata. The expansion aims to strengthen local project execution, improve regional coordination, and accelerate tender responsiveness across Eastern and Northeastern India, while reinforcing the company’s focus on smart utilities, infrastructure, defence, and industrial automation.The Kolkata hub will serve as a regional base for CIMCON’s operations in the eastern and northeastern states. The new facility is expected to enable faster project implementation, reduce deployment tim..

BKT Tyres Launches ‘Elevate Your Drive’ Campaign with Ranveer Singh

BKT Tyres has launched its new brand campaign titled ‘Elevate Your Drive’, headlined by Bollywood actor Ranveer Singh. The television-led campaign introduces the brand’s proposition of empowering individuals to move ahead with confidence and turn doubt into momentum.Through a narrative film featuring Singh, the campaign showcases journeys of progress while positioning BKT Tyres as an enabler of ambition and forward movement. The campaign also introduces a distinctive new sonic identity for the brand. The initiative aims to strengthen the brand’s connection with audiences by highlightin..

Jyoti Structures Tests 800 kV HVDC Tower for PGCIL

Jyoti Structures (JSL), a listed Engineering, Procurement and Construction (EPC) company focused on power transmission, has recently completed full-scale prototype testing of its 513th transmission tower at its Tower Testing Station in Ghoti, Nashik, Maharashtra. The test was conducted for Power Grid Corporation of India (PGCIL) under the 800 kV HVDC transmission programme.The tower tested was an 800 kV HVDC Type “C” tower designed for 15°–30° angles in Wind Zone-4. Configured as a Basic Body Tower with +0M extension, the structure weighed 45.5 metric tonnes. Testing was conducted in a..