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As data centre projects scale, bank credit to the sector on a rise
BusinessLine· 2025-11-25 01:00
With projections of a five-fold increase in India’s data centre (DC) capacity by 2030 and as DC operators build out large centres, there is an uptick in the lending to the sector. Speaking to businessline, banks and credit rating agencies say that data centers, alongside renewable energy, now form a significant share of the infrastructure credit pipeline for banks. Rajneesh Karnatak, MD & CEO of Bank of India, said that the bank is increasingly seeing loan proposals in sectors such as data centres, warehous ...