"We have potential. Definitely, we would like to be the first company in India to reach that milestone," Setty said when asked if it is possible to cross Rs 1 lakh crore in the next 3-5 years.
However, he said, "while profits, market capitalization etc are extremely important elements for our organization, we give equal thrust on customer-centricity and it acts as a fundamental aspect of our operations."
With regard to corporate loan demand, Setty said, the bank has already got a Rs 4 lakh crore strong
"We see a good amount of interest in
As far as public spending is concerned,
Setty said some of the corporates had undertaken brownfield expansion for which the capital expenditure was funded by their own cash accruals and cash balances that they had.
However, he said, "We now see some of the corporates drawing the term loans for brownfield expansion too."
"We have a pipeline, both in terms of sanctioned but not disbursed and a pipeline of proposals that are under process. This amounts to almost Rs 4 lakh crore, indicating that the
Stressing that the private capital expenditure will definitely pick up during the year, he said, there is renewed
"We see in the second quarter, as well as in the second half of the current financial year, both capital expenditure will be spurred by the government expenditure as well as private expenditure," he said.