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All major banks in the country are ready to fund projects of entrepreneurs who have decided to set up units in Uttar Pradesh due to improvements in the law and order situation and infrastructure, the state government said Saturday. said to
Public and private sector banks are confident the state will benefit from the steps taken by the Yogi government to attract large-scale investment.
This shift in banks’ outlook for Uttar Pradesh was revealed at a recent roadshow held by the state government in Mumbai as part of its investment strategy for the Global Investors Summit in Lucknow from 10-12 February. . Prime Minister Yogi Adityanath led his January 5 roadshow. He met top bankers and businessmen during his stay in Mumbai.
Banks view Uttar Pradesh as a safe investment destination, according to the state government. This is because the law and order situation has improved and there is a huge push towards good governance and infrastructure. In a meeting with CM Yogi Adityanath, bankers praised the state’s reforms and agreed to provide loans to entrepreneurs willing to set up units in the state.
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