Banks see a boom in capex loans

[ad_1] With the demand for project finance picking up since late last year, bankers believe that the long-term fund requirement should rise anywhere between 12-15% this year. Bank credit deployed in the infrastructure segment grew 10.2% year-on-year in April 2022, with roads, telecom and electricity leading the pack. According to the Reserve Bank of India, the outstanding credit to the sector stood at Rs 12 trillion by the end of March.reserve Bank of India, As a result, banks are now gearing up to meet the demand for infrastructure projects in…