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

India's state infrastructure financier approved loans of over 30 billion rupees ($313 million) each to at least four data centers, totaling more than $1.2 billion, as part of the country's push into the AI boom.

• At least four data centers received $313 million or more each
• Total approved loans exceeded $1.2 billion
• Financier is India's largest state infrastructure bank