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NTPC signs term loan of Rs 5,000 cr with SBI
PTI, Dec 7, 2019, 4:21 PM IST
New Delhi: Power generation company NTPC on Saturday said it has signed a term loan agreement for Rs 5,000 crore was signed with State Bank of India (SBI).
The loan facility has been extended at an interest rate linked to 3-month MCLR (marginal cost of funds-based lending rate) of the bank and has a door-to-door tenure of 15 years, NTPC said in a statement.
The loan will be utilized to part finance the capital expenditure of NTPC, it said.
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UGC warns against ’10-day MBA’ programme, misleading abbreviations for degree nomenclature
Modi will go to jail if electoral bonds ‘scandal’ is investigated: M B Patil
Delhi police detains shopkeeper over biryani served on plate with Lord Ram image, releases him later
Delhi court extends judicial custody of Kejriwal, K Kavitha in excise policy case till May 7
Former Punjab Congress MLA Angad Saini injured in road accident in Balachaur