Muthoot Capital announces Rs 100cr funding for EV expansion: A drive towards sustainability

Muthoot Capital announces Rs 100cr funding for EV expansion: A drive towards sustainability

Muthoot Capital Services Limited (MCSL), a leading non-banking financial company (NBFC) under the prestigious Muthoot Pappachan Group, has recently unveiled a partnership with a distinguished UK-based development financial institution. This collaboration secures a significant ₹100 crore in long-term debt funding, facilitated by Axis Bank, to enhance its electric vehicle (EV) portfolio. This initiative is not […]

Tata Communications secures $250m sustainability-linked loan to boost eco-friendly initiatives

Tata Communications secures $250m sustainability-linked loan to boost eco-friendly initiatives

Tata Communications has successfully secured a five-year sustainability-linked loan (SLL) valued at $250 million, in collaboration with ANZ, DBS Bank, and Export Development Canada (EDC). This marks a significant step in the company’s financial strategy, aligning its funding mechanisms with its ambitious sustainability goals. ANZ led the coordination of the loan as the Lead Sustainability […]

Norfund commits $30m to SeABank to boost SME and micro-enterprise support in Vietnam

Norfund commits $30m to SeABank to boost SME and micro-enterprise support in Vietnam

Norfund, the Norwegian Investment Fund for Developing Countries, has announced a significant investment of US$30 million in the form of a convertible loan to the Southeast Asia Commercial Joint Stock Bank (SeABank), furthering efforts to support economic growth in Vietnam. This convertible loan, which can be converted into common shares within four years, underscores a […]