|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
|Kerala||Rs. 24000.00 (0.63%)|
|Bangalore||Rs. 23800.00 (0%)|
|Hyderabad||Rs. 24140.00 (1.17%)|
Nov 21 (Basis Point) - Japan Bank for International Cooperation and Mizuho Corporate Bank have completed a US$135m loan for Jamshedpur Continuous Annealing & Processing Co Pvt Ltd, an Indian joint venture between Japan's Nippon Steel & Sumitomo Metal Corp and India's Tata Steel Ltd, JBIC said in a statement on Tuesday.
The loan was signed on Tuesday. JBIC is providing US$81m, while MCB and Bank of Tokyo-Mitsubishi UFJ are funding the remainder.
Funds are to manufacture steel plates in Jamshedpur which will be sold to Indian carmakers. (Reporting by Wakako Sato; Editing by Gavin Stafford)