Bank Funding News - Latest Updates & Headlines
Banks to play key role in attaining $350 billion target for Indian textile sector
Mumbai, Feb 24: Banks should play an important role in meeting the credit needs of textile sector, which supports 5.4 crore jobs and whose market size is targeted to grow from $172 billion to $350 billion by 2030, Textile Commissioner Roop Rashi has said.
Banks funding data for Private sector projects shows jump in private capex: Kotak Mutual Fund
New Delhi, February 11: Funding for private sector projects has been witnessing significant growth, with bank approvals rising at a compound annual growth rate (CAGR) of 20 per cent since the pre-COVID period. This trend highlights a strong outlook for private capital expenditure (capex), according to a report from Kotak Mutual Fund.