Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs | Autocar Professional
Baua Electric
JANUARY 10, 2024
The partial guarantee is provided under the USD 200 million INR equivalent framework guarantee agreement that GuarantCo and Axis Bank signed in May 2022, which allows mobilisation of funds between USD 300 and 400 million in INR equivalent to finance the e-mobility ecosystem in India.
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