Axis Bank sees strong credit demand across industrial sectors in Telangana
Axis Bank reports robust credit demand in Telangana's industrial sectors, driving growth in MSME financing and banking initiatives.
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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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