Question
DCM Shriram Ltd has raised a Sustainability Linked
Loan (SLL) of Rs.200 crore from which bank with an aim to support the company’s ongoing capital expenditure program in Bharuch, Gujarat?Solution
DCM Shriram Ltd has raised a Sustainability Linked Loan (SLL) of Rs 200 crore from HSBC India. The move is aimed at supporting the company’s ongoing capital expenditure program in Bharuch, Gujarat.
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The difference between the simple and compound interest compounded annually of a sum at 12% p.a. for 2 years is Rs. 180. Find the sum.
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