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IL&FS raise $55 m in rupee loan from Mashreq Bank

The group will use the funds for its financial services business, IL&FS Financial Services managing director Ramesh C Bawa said. The three-five year loan is priced at around 10 percent, he added. The IL&FS Group today said that it has raised USD 55 million in masala loans (rupee loans) from the UAE-based Mashreq Bank. The […]

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