Question

NTPC has signed a Rs 3,000-crore term loan agreement with which bank for partially funding its capital expenditure?
[A] State Bank of India
[B] Punjab National Bank
[C] ICICI Bank
[D] HDFC Bank

Answer 1

NTPC has signed Rs 3,000 crore for ICIC bank

Answer 2

Answer:

NTPC has signed a Rs 3,000-crore term loan agreement with ICICI bank for partially funding its capital expenditure.

State-owned national thermal Plant corporation (NTPC) signed a term loan agreement for Rs. three thousand crore with ICICI Bank for in part investment its capital expenditure. The mortgage which has a door-to-door tenure of 15 years will be utilized to part finance the capital expenditure of NTPC. It commissioned 3,845 MW ability and introduced 2,190 MW to its commercial ability for the duration of 2016-17.