Watch Desk posted an update
Axis Bank plans to double its exposure to data centres over the next three years, Bloomberg reports, citing a top executive.
Why it mattersThe bank links the plan to investment in India’s AI infrastructure. For operators and investors, it is a sign that lenders are preparing to back more data-centre growth, though the report does not give a target amount.
Discuss: Should banks expand lending for AI data centres now, or wait for clearer evidence that the facilities will earn their keep?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.