Jindal Steel eyes ₹15,000 cr in one of the largest corporate loan deals3 min read 13 Jun 2022, 12:06 AM IST
After the muted corporate loan demand over two years, lenders are now lapping up most opportunities in the segment
The loan will help it partly finance the ₹22,500 crore capacity expansion at Angul in Odisha, with parent JSPL bringing in the rest as equity
MUMBAI : Jindal Steel and Power Ltd (JSPL) is raising ₹15,000 crore from a clutch of banks led by State Bank of India (SBI), three people aware of the development said, in one of the largest corporate loan agreements in recent times.
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