News
30 September 2024

GuarantCo supports e-mobility in India

In:
Transport
Region:
Asia-Pacific

GuarantCo has provided an INR1 billion ($12 million equivalent) guarantee to India's Axis Bank for a loan to Muthoot Capital, one of India’s fastest growing non-banking financial companies. The guarantee will cover up to 65% of the Axis Bank loan. The proceeds will be used by Muthoot...

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