NTPC signs with Canara Bank to raise Rs.2000 crore

Last Updated: April 8, 2019

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NTPC signs with Canara Bank to raise Rs.2000 crore

NTPC signs with Canara Bank to raise Rs.2000 crore

08 April 2019 Current Affairs: National Thermal Power Corporation (NTPC), the State-run power giant, has signed a term-loan agreement with Canara Bank to raise Rs 2,000 crore. The agreement would be used to part finance its capital expenditure. The loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of the NTPC.

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