SBI raises $1 billion loan from JBIC to help COVID-hit Japanese auto companies in India

SBI raises $1 billion loan from JBIC to help COVID-hit Japanese auto companies in India In October 2020, SBI had signed an agreement to raise a loan of USD 1 billion and the latest borrowing takes the total quantum of loans raised from JBIC to USD 2 billion, SBI said in a statement.

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