Satin Creditcare Network has received a senior loan facility of USD 5 million from Oesterreichische Entwicklungsbank - OeEB, Austria through External Commercial Borrowing channel.
Earlier in November 2019, Satin also signed a USD 15 million bilateral credit facility agreement with OeEB to finance income-generating and income-increasing activities of female small-scale and subsistence entrepreneurs in India.
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To meet capex of Chlorornethane PlantGujarat Alkalies & Chemicals has entered into an Agreement on 24 February 2021 for availing External Commercial
Borrowing (ECB) facility of USD 70 million (equivalent to Rs 500 crore) from State Bank of
India. This facility will be utilized to meet the capex requirements of Chlorornethane Plant of the company.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and update