Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
The silent whimper of advasis
access_time 26 Sep 2023 4:31 AM GMT
The new Parliament
access_time 25 Sep 2023 11:49 AM GMT
Amid India-Canada diplomatic row
access_time 22 Sep 2023 4:00 AM GMT
K Radhakrishnan
access_time 21 Sep 2023 4:00 AM GMT
Womens quota in legislatures
access_time 20 Sep 2023 5:24 AM GMT
DEEP READ
Schools breeding hatred
access_time 14 Sep 2023 10:37 AM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Remembering the Teachers
access_time 5 Sep 2023 6:24 AM GMT
exit_to_app
Homechevron_rightBusinesschevron_rightFederal Bank sanctions...

Federal Bank sanctions Rs 500-cr term loan to CIAL

text_fields
bookmark_border
Federal Bank sanctions Rs 500-cr term loan to CIAL
cancel

Kochi: Federal Bank has sanctioned a term loan of Rs 500 crore to Cochin International Airport Ltd (CIAL) for the construction of the new International terminal.

The private lender has been partnering the growth of Cochin international Airport from its inception, a press release here said.

The New International Terminal, coming up next to the existing airport complex, would enhance the traffic handling capacity of the airport to meet its future requirements.

The agreement for the Rs 500 Crore Term Loan facility was signed by V J Kurian, Managing Director of CIAL, and Shyam Srinivasan, MD & CEO of Federal Bank, in the presence of senior executives of CIAL and Federal Bank, at a ceremony held at the airport Friday.

Show Full Article
Next Story