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In sync with India's aim to become a $5 trillion economy, the resurgence of private capital expenditure after year of maintaining caution, as signalled by SBI and L&T recent statements.

State Bank of India (SBI) reported a corporate credit pipeline of ₹7.00 lakh crore which includes underutilised working capital and term loans under disbursement, while having revised its credit growth guidance to 12-14%.

If recent commentary from Larsen & Toubro (L&T) and the State Bank of India (SBI) is any indication, the country could be on the cusp of a revival in private sector investments. Both companies, considered bellwethers for India’s industrial and financial sectors, are witnessing early signs of a turnaround.

After its Q2 results

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