The Reserve Bank of India has said that corporate investments are likely to remain subdued this fiscal and may even fall below the level seen last year. In its monthly bulletin for September released late last evening, the RBI said that the envisaged investment by the private corporate sector this fiscal is expected to be lower than that in the previous year. However, the apex bank did not put a number to the likely investment intentions by companies this year.RBI said that cost of projects, which were sanctioned institutional assistance during financial year 2013, rose to 1 lakh 96 thousand 300 crore rupees from last fiscal's 1 lakh 91 thousand 600 crore rupees. It said that if one adds the external commercial borrowings of 66,000 crore rupees and 1,100 crore rupees raised through equity issues, the investment intentions during financial year 2013 are at an estimated 2 lakh 63 thousand 400 crore rupees.RBI said that Odisha was the most preferred state for investments followed by Maharashtra and Punjab in financial year 2013. It said that Maharashtra's share in total cost of projects declined in financial year 2013 compared with the previous year. Karnataka, Gujarat and Tamil Nadu also faced a similar fate.