{
  "id": 15523814,
  "title": "Public sector banks' Rs 7.8 lakh core corporate loan pipeline signals capex revival",
  "url": "https://urgent.news/2026/10/19/public-sector-banks-rs-7-8-lakh-core-corporate-loan-pipeline-signals",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-19T00:00:00.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/public-sector-banks-rs-7-8-lakh-core-corporate-loan-pipeline-signals-capex-revival/articleshow/135037258.cms"
  },
  "original_language": "en",
  "account": "Public sector banks in India have revealed a significant corporate loan pipeline of around ₹7.8 lakh crore, indicating a revival in capital expenditure by companies. This pipeline comprises a mix of sanctioned loans and loans still under processing.\n\nPunjab National Bank (PNB) reported a corporate loan pipeline of ₹1.58 lakh crore, noting that they had sanctioned over ₹2.5 lakh crore of corporate loans in the first half of FY27, compared to ₹4 lakh crore in the entire FY26. Central Bank of India's managing director and CEO, Kalyan Kumar, disclosed a pipeline worth ₹12,000 crore, with ₹7,000 crore already sanctioned and another ₹5,000 crore pending. Kumar pointed out that their corporate book currently stands at ₹1.18 lakh crore, making up 32% of their total loan portfolio.\n\nCanara Bank has identified opportunities worth ₹47,000 crore in corporate lending, while Indian Bank sees potential worth ₹63,000 crore. State Bank of India (SBI) claims the largest potential opportunity among these banks, estimating its corporate loan prospects at up to ₹5 lakh crore. This outlook is driven by SBI's investment plans in renewable energy, battery storage, and data centres.\n\nAcross lenders, the investment surge is evident in the varying corporate credit growth rates. RBL Bank saw a 58% increase year-on-year in corporate loans, while Central Bank of India's corporate credit portfolio expanded by 42.05%. Axis Bank reported a 34% growth, followed by ICICI Bank at 30.6%. Canara Bank's corporate and other advances rose by 17.26%, Federal Bank's corporate and investment banking portfolio expanded by 17%, and HDFC Bank's corporate and other wholesale loan book grew by 16.4%.\n\nAnu Agarwal, head of corporate banking at Kotak Mahindra Bank, highlighted a growing pool of bankable projects across several sectors, including steel, cement, renewable energy, and semiconductor manufacturing. The surge in investment activity is primarily led by mid-sized and large companies, with emerging opportunities for smaller suppliers as well.",
  "summary": "Public sector banks have revealed a corporate loan pipeline of approximately ₹7.8 lakh crore signaling increased credit demand. Companies are stepping up their investment, particularly in sectors like renewable energy and semiconductor manufacturing. Banks report varied corporate credit growth, with some institutions witnessing over 50% increase year-on-year. Mid-sized and large companies are…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}