Sagarmala Finance Corporation Ltd will raise up to ₹8,000 crore this fiscal year. The company's board approved a ₹25,000 crore borrowing limit. SMFCL is in talks with banks and financial institutions. It plans to offer tailored loan products to marine sector entities. This includes ports, shipbuilding, and coastal shipping. The initiative supports India's growing maritime sector.
from Banking/Finance-Industry-Economic Times https://ift.tt/NuqVOJA
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