Axis Bank bets on data centres to gold loans to outpace industry credit growth

Axis Bank expects credit growth to exceed the industry average this fiscal year. Strong demand stems from corporate sectors and retail borrowers seeking gold loans. Data centres and manufacturing are driving corporate credit expansion significantly. Retail growth is fueled by gold loans and borrowers from smaller cities. The bank is also preparing two key businesses for potential public listings.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/fCZm7tV
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