DBS Bank issues maiden green loans in India value Rs 1,050 cr to CapitaLand
Since 2018, DBS provides determined over 100 lasting financing deals well worth about SGD 15 billion, with India are a good industry with sufficient chances to go green, the production stated.
Synopsis
DBS financial on Wednesday stated this has given its first two green financing in India totalling Rs 1,050 crore to CapitaLand. DBS expands their lasting funding footprint with maiden green debts in India totalling Rs 1,050 crore. Both environmentally friendly loans are the first one to end up being issued in India by a Singapore financial, DBS lender said in a release.
The financial institution given a three-year Rs 425 crore (SGD 80.8 million) financing to refinance building funding for development of step 1 of Global technology Park Gurgaon (ITPG) also common business reasons connected with the project, they put.
Another four-and-a-half-year Rs 625 crore (SGD 118.8 million) mortgage was granted to finance construction costs for phase 1 of Global technology Park Chennai, Radial street (ITPC-RR).Continue reading→