Bank of Baroda secured a ₹5,000 crore loan deal for SAIL, offering a 7.49% interest rate for a five-year period. Competing against major public and private sector banks, BoB's bid was the most competitive. SAIL will use the loan to fund its capital and working capital expenditures.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.