New Delhi, Nov 3 (IANS) India is on the cusp of a new corporate capex super cycle, estimating potential for Rs 200 lakh crore in new corporate borrowings over the next five years, a report said on Wednesday.
This comes after a decade of structural deleveraging that has left corporate balance sheets clean and highly profitable.
Banks are positioned to be the primary beneficiaries of the coming investment cycle as they could potentially capture Rs 99.50 lakh crore over the next 5 years, OmniScience Capital said in its report.
Based on RBI’s FY2024 corporate credit stock, this implies 16 pr cent compounded annual growth (CAGR) potential, compared with near-stagnation over the last decade.