Axis Bank sees strong credit demand across industrial sectors in Telangana
Across sectors, the micro, small and medium enterprises are key drivers of growth and Axis Bank caters to more than 24,000 MSME accounts across the State. As part of its focus on growing business in Telangana, Axis Bank, which now has 199 branches in the State, plans to add 50 more this fiscal.
- ▪Across sectors, the micro, small and medium enterprises are key drivers of growth and Axis Bank caters to more than 24,000 MSME accounts across the State.
- ▪As part of its focus on growing business in Telangana, Axis Bank, which now has 199 branches in the State, plans to add 50 more this fiscal.
Opening excerpt (first ~120 words) tap to expand
Telangana has emerged as an important market for Axis Bank on the back of a strong credit demand in the State across pharmaceuticals, Life Sciences, electronics manufacturing, engineering services, logistics and technology-enabled businesses, the private bank said on Thursday.Hyderabad, Medchal, Sangareddy, Warangal and Khammam are key growth markets for commercial banking and ecosystem-led financing initiatives. Across sectors, the micro, small and medium enterprises are key drivers of growth and Axis Bank caters to more than 24,000 MSME accounts across the State.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.