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Patanjali secures Rs 3,200 crore loan from banks to buy Ruchi Soya
November 29, 2019 | By The Times of India
business
The company has already secured required total debt from a consortium of banks led by State Bank of India, Patanjali Ayurved Managing Director Acharya Balkrishna said in a statement. Patanjali also said it has got loans of Rs 1,200 crore from SBI, Rs 700 cro…
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New Delhi: Baba Ramdev-led Patanjali Ayurved on Friday said it has already tied up loan worth Rs 3,200 crore from a consortium of lenders led by State Bank of India to fund its acquisition of Ruchi Soya through insolvency process. In September, the National C
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