Out of the EPBG facility of up to USD 1633.33 million sanctioned by State Bank of India
Alok Industries announced that out of the facility of an Export Performance Bank Guarantee (EPBG) of up to USD 1633.33 million equivalent to about Rs. 9800 crore sanctioned by State Bank of India, an Initial Advance amounting to USD 250 million has been received on 13 January 2015 by the Company's Authorized Dealer on the Company's behalf. The Company is confident of receiving the balance advance amount of up to USD 1383.33 million in regular tranches in the near future.Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app