Mumbai-headquartered IDBI had entered into loans totalling USD 148 million with two Singapore registered companies -- Varada Drilling One Pte Ltd and Varada Drilling Two Pte Ltd -- for the construction of two jack up drilling rigs in March 2013.source https://economictimes.indiatimes.com/industry/banking/finance/banking/indias-idbi-bank-secures-usd-239-million-debt-judgement-in-uk-high-court/articleshow/83203702.cms
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