Industrial Investment Bank of India has recently taken an exposure of over Rs 120 crore in various large corporate bodies. These include equipment finance of Rs 45 crore to ITC Bhadrachalam, a term loan of Rs 25 crore as working capital requirements for BPL, a term loan of Rs 35 crore for Reliance Petroleum, working capital term loans of Rs 20 crore each for Indal and Zuari Agro, project loans for instacolor for J&N and some exposure has also been picked up from Vaam Organic.
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