Investment demand should revive after govt spending on infrastructure : SBI chairman
According to the head of state-owned bank SBI Rajnish Kumar, demand for loans from Indian companies is still muted but should increase following more government spending on infrastructure projects.
He also said he expected the government to strictly monitor corporate governance and other reform measures after a $33 billion capital injection to bail out the state-run banking sector.
In an interview at the sidelines of the World Economic Forum in Davos, Switzerland Kumar said that he would have liked to see a much bigger project pipeline than what it is today. But there are certain sectors which are seeing investment, hopefully, the investment demand should revive now because of the governments spend on infrastructure. So that should lead to the revival of investment demand.
He added that in recent months, the Indian finance ministry has said it wants to boost spending on sectors such as infrastructure, including ports and roads, to boost economic growth.
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02-2026
