India's largest state-owned infrastructure finance institution has approved loans of more than 30 billion rupees (about $313m) apiece to at least four data centers to support AI infrastructure. Managing director Rajkiran Rai G. said the facilities carry a five-year moratorium followed by repayment over the next 10 years. Lender demand underscores rising corporate capex on large data-center projects; global investors from EQT AB and Blackstone to Alphabet, and domestic groups including Adani Grou

India's largest state-owned infrastructure finance institution has approved loans of more than 30 billion rupees (about $313m) apiece to at least four data centers to support AI infrastructure. Managing director Rajkiran Rai G. said the facilities carry a five-year moratorium followed by repayment over the next 10 years. Lender demand underscores rising corporate capex on large data-center projects; global investors from EQT AB and Blackstone to Alphabet, and domestic groups including Adani Group, have pledged billions to build AI compute capacity in India.