Axis Bank and Indian Bank are likely to raise funds worth up to Rs 9,000 crore through the sale of infrastructure bonds next month, as lenders continue to rely on debt issuances to mobilise funds amid a slower pace of deposit growth than credit growth.
Rural wealth rising: 112 districts in India cross threshold of $2,000 per capita income
Rural India is experiencing an economic transformation, with a surge in the services sector driving growth. A recent report highlights that 112 rural districts, encompassing