Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in India
The Economic Times has reported a new India-focused ai development: “Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in India.” The publisher's feed describes the story as follows: Nabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push for artificial intelligence and cloud computing capacity. The lender anticipates continued strong demand from hyperscalers and cloud
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