TARC raises Rs 1,000 crore to refinance debt, , – Homevior
NEW DELHI: Real estate developer TARC Limited has raised Rs 1,000 crore from a consortium of domestic banks and financial institutions led by Kotak Mahindra Bank. The majority of the funds, raised at 12.75% interest, will be used for refinancing of its existing debt along with Rs 250 crore additional working capital facility to be …
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