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The Economic Times

Economy / The Economic Times

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Axis Bank wants to double its Rs 8,688 crore data centre exposure

India's rising interest in artificial intelligence is prompting Axis Bank to expand its lending to data centres. With demand for large-scale computing infrastructure surging, banks are exploring new financing opportunities. Axis Bank's exposure to the data centre sector is expected to double within three years. Additionally, the government is facilitating growth in this sector with favorable policies. Overall, the opportunity presents both promising potential and unique challenges.

1 Oct 2026 12:55 pm