State Bank of India (SBI) Chairman CS Setty said the bank expects robust credit growth across segments, with corporate lending set to rebound sharply in the coming quarters.

Speaking to CNBC-TV18, Setty said SBI’s total business crossed ₹100 trillion in Q2 FY25, aided by strong consumption and double-digit growth in all segments except corporate credit. “Corporate credit growth, which was almost flat last quarter, has picked up to 7.1% in Q2 and should touch double digits in the next two quarters,” he said.

Setty noted that private capital expenditure is expected to revive in sectors such as steel and cement, driven by sustained consumption. Mid-corporates and central PSUs are likely to lead the lending recovery, while large corporates are still using up existing cash reserves.

The SBI

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