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SBI, NIIF join hands to provide greater thrust to infra financing
NTPC has signed a term loan agreement for Rs 50 billion with State Bank of India. The loan facility is extended at an interest rate linked to three-month MCLR of the bank.
In order to boost Chief Minister Devendra Fadnavis’s pet project, the Mumbai-Napur Expressway (also known as Samruddhi Corridor), public sector banks have agreed to provide finance for the project.
Rajnish Kumar, Chairman, State Bank of India (SBI), is a proud leader as the bank has approved a plan to raise Rs 20,000 crore for financing affordable housing and infrastructure projects through long-term bonds.
Ambuja Cement concluded its national truck driving event 'Ambuja Safe Driving Championship 2017' in Chhattisgarh.
Big Bang Home Carnival, a much awaited month-long online housing carnival co-hosted by Magicbricks and State Bank of India (SBI) is back with a bang. In its 2nd season, the housing carnival will display nearly 16,000 units across 22 Indian cities. 62 developers will showcase 97 projects, while SBI will offer a host of loan deals.
State Bank of India recently launched SBI Realty, a dedicated portal designed to assist home buyers in selecting apartments from a list of its 3,000 approved projects across 13 states and Union Territories.
State-run JNPT will reportedly buy Air India's former head office in Mumbai for an estimated Rs 20 bn. Both JNPT and Air India are looking into the individual valuations of the building.
The State Bank of India (SBI) has recently approved a plan to raise Rs 20,000 crore to finance affordable housing and infrastructure projects through long-term bonds.
With over $1.5 billion worth of transactions in less than one year, GIFT city is a raging bull in the making. But the project has had its challenges. Launched in 2009, it took two years for the land allocation of 886 acre. Gradually, a few infrastructure and construction projects started taking shape.
