Nabfid Sanctions Rs 3,000 Crore-Plus Loans to at Least Four Data Centres as AI Capex Accelerates in India

Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in India

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 service providers. Nabfid plans to raise approximately Rs 1 trillion to fund these large projects. This financing aligns with India's broader infrastructure investment in the digi…

Indian Project Financier’s Data Center Loans Top $1.2 Billion

India’s top state-run infrastructure financier has sanctioned loans upwards of 30 billion rupees ($313 million) each to at least four data centers, reflecting the nation’s push to participate in the artificial intelligence buildout.