A comprehensive whitepaper prepared by SBI Caps for the PSB Confluence banking summit revealed that private corporate capital expenditure remains cautious due to commodity price volatility, cheap imports, and geopolitical uncertainties. While top NSE 200 companies possess healthy balance sheets and strong borrowing capacities, capital deployment remains heavily concentrated, with IT and FMCG firms prioritizing dividends while manufacturing and infrastructure lead in capital investment. Looking ahead to the FY27–FY31 investment cycle where annual funding demand is projected to reach ₹30 lakh crore, the report noted that commercial banks will only be able to fund around 70% of external requirements, necessitating active support from debt capital markets, AIFs, and institutional investors.