SBI Signs MoU for Rs 25,000 Cr Loan to NHAI | CORPORATE ETHOS

SBI Signs MoU for Rs 25,000 Cr Loan to NHAI

By: | August 3, 2018
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Aug 3: India’s leading public sector lender State Bank of lndia (SBI) and National Highways Authority of lndia (NHAI) has completed documentation for a Term Loan facility of Rs 25,000 crore sanctioned by the Bank for the latter.

According to an official statement from the bank, a comprehensive Memorandum of Undertaking (MoU) was also signed between NHAI & SBI to strengthen the existing relationship and to develop cooperation in financial services on the basis of mutual interest.