Money & Banking

NTPC signs Rs 1,500 cr term loan with HDFC Bank

Our Bureau New Delhi | Updated on July 13, 2018 Published on July 13, 2018

NTPC has signed a term loan agreement for Rs 1,500 crore with HDFC Bank.

An NTPC statement said, “The loan facility is extended at an interest rate linked to 3-months MCLR of the bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC.”

Published on July 13, 2018
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