Sundaram Multi Pap repay outstanding debts of SBI and IDBI Bank

Image
Capital Market
Last Updated : Sep 28 2019 | 5:31 PM IST
Sundaram Multi Pap announced that ECL Finance has disbursed Loan of Rs.25 crore to the Company and further Company has repaid the entire outstanding of Term Loan & Cash Credit facilities of State Bank of India & Cash Credit facilities of IDBI Bank (including Right of Recompense of State Bank of India & IDBI Bank) and hence company is successfully released from the Restructuring of Banking limits.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Sep 28 2019 | 5:18 PM IST

Next Story