Public sector banks’ Rs 7.8 lakh core corporate loan pipeline signals capex revival

Synopsis 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 leading the way in capital expenditure, while smaller suppliers are also finding opportunities. Mumbai: Public sector banks have reported a combined corporate loan pipeline of about ?7.8 lakh crore, signalling stronger credit demand as companies step up investment activity. Punjab National Bank (PNB) said it has a…