New Delhi (31.03.2022): An agreement has been signed between ASPIRE and Consortium of seven public sector banks on March 29 for the disbursal of Rs 1500 crore loan for stalled Amrapali projects.
On behalf of ASPIRE, R. Venkataramani, Court Receiver/ Director ASPIRE has signed the agreement in the presence of DK Mishra and Ravi Bhatia, Director, ASPIRE and NBCC team headed by KPM Swamy, Executive Director (Engg.), NBCC.
On behalf of bank consortium, Malay Panchal, CM Bank of Baroda- Lead bank and other banks representatives signed the agreement. The following seven public sector banks i.e. Bank of Baroda, Indian Bank, UCO Bank, Punjab National Bank, Bank of India, State Bank of India, Punjab & Sind Bank were seen present during the event. Nearly 40,000 homebuyers awaiting possession of their dream homes will be benefited by this progressive initiative.
Banking institutions to release Rs 1500 cr for Amrapali project
By IndianMandarins - 2022-03-31 10:47:00
New Delhi (31.03.2022): An agreement has been signed between ASPIRE and Consortium of seven public sector banks on March 29 for the disbursal of Rs 1500 crore loan for stalled Amrapali projects.
On behalf of ASPIRE, R. Venkataramani, Court Receiver/ Director ASPIRE has signed the agreement in the presence of DK Mishra and Ravi Bhatia, Director, ASPIRE and NBCC team headed by KPM Swamy, Executive Director (Engg.), NBCC.
On behalf of bank consortium, Malay Panchal, CM Bank of Baroda- Lead bank and other banks representatives signed the agreement. The following seven public sector banks i.e. Bank of Baroda, Indian Bank, UCO Bank, Punjab National Bank, Bank of India, State Bank of India, Punjab & Sind Bank were seen present during the event. Nearly 40,000 homebuyers awaiting possession of their dream homes will be benefited by this progressive initiative.
