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What is JSL Indian Bank 380 CR about?

Jindal Stainless Limited has been sanctioned a fresh credit facility of Rs. 380 Crore for capital expenditure, with a repayment schedule over 8 years and a moratorium of 2 months. The facility includes a term loan and a letter of credit, with specific interest rates and collateral requirements outlined. Additional approvals include waivers for documentation charges and prepayment penalties under certain conditions.

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zvp54cp5cm

Language

EN