Rs 20,000 crore credit guarantee plan misses the mark

Banks have disbursed merely seventeen percent of the credit guarantee scheme funds. Loan sanctions remain slow as banks show caution with smaller microfinance institutions. Larger microfinance companies are hesitant to borrow under the government’s guarantee program. About one thousand crore…

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Lightstorm secures ₹2,500-cr debt for AI fibre network

Lightstorm has raised ₹2,500 crore from IndusInd Bank to build AI-focused fibre infrastructure connecting major data centre clusters across India. The 10-year debt facility will support connectivity between hubs including Mumbai, Chennai and Hyderabad and international AI zones.

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