Tata Realty raises Rs 1,280 crore from DBS Bank for Intellion Park Project
Intellion Park offers 2.1 million square feet of office space and is part of the company’s larger Intellion-branded commercial portfolio.
Intellion Park offers 2.1 million square feet of office space and is part of the company’s larger Intellion-branded commercial portfolio.
The report titled New Realities, New Possibilities mentioned that Indian CFOs and Treasurers are adopting GenAI solutions to enhance cash flow forecasting, liquidity management, and risk mitigation, driving treasury efficiency at scale.
The maiden financing, executed with international lenders, includes an initial commitment of $315 million with an accordion feature to enhance the commitments.
Although the DBIL is well capitalised, it will bring in additional capital of Rs 2,500 crore upfront, to support credit growth of the merged entity.