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SUGAR MILLS TO GET WCTL FROM BANKS (State Bank of India, Punjab National Bank and Central Bank of India agree to provide working capital term loan).

Asia Africa Intelligence Wire

| July 04, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

State Bank of India (SBI), Punjab National Bank and Central Bank of India (CBI) have agreed to help the private sugar mills by providing additional funds in the form of working capital term loan (WCTL). The mills have exhausted their entire working capital funds given to them and are facing severe fund …

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