Project loan

Project Loan is provided to corporate borrowers for the purpose of capital expenditure including setting up of new/ additional manufacturing facilities, construction etc. Project loan is also available to acquire the fixed assets like land & building, plant & machinery etc.

Project loans of the Issuer and its Restricted Subsidiaries, including any Credit Facilities or Designated SPE Debt, incurred for the purpose of financing the development, construction and improvement of real estate projects of the Issuer and its Restricted Subsidiaries.