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VERIFIEDET Finance·positive
Axis Bank wants to double its Rs 8,688 crore data centre exposure
AI Summary
- ·Axis Bank plans to double its exposure to the data centre sector, currently at Rs 8,688 crore, within three years.
- ·The bank's expansion is driven by India's increasing interest in artificial intelligence and the resulting surge in demand for computing infrastructure.
- ·Government policies are also supporting the growth of the data centre sector.