Current Affairs Agreements

NTPC Signs Rs 2,000 crore Term Loan Pact With Canara Bank

Category : Agreements

 State-run power giant National Thermal Power Corporation has inked a term-loan agreement with Canara Bank to raise Rs 2,000 crore, which would be used to part finance its capital expenditure. The loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of the NTPC.
Source- Business Standard


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