Wednesday, April 18, 2012

SBT keen to finance airport, harbour projects

Kannur: The State Bank of Travancore (SBT), which is in an expansion mode in Kannur and Kasaragod, has evinced interest in lending loans to the upcoming Kannur airport project and Azhikkal harbour project. It is also willing to consider equity partnerships in these projects.
"Like any other commercial bank, we will provide loan to the consortium building the airport or seaport. Also if need arises, we would consider taking equity partnerships in these projects," said P Nanda Kumaran, managing director of SBT, on Tuesday.
18/04/12 Times of India
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