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The Economic Times

Top News / The Economic Times

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India's first maritime-focused lender eyes $1 bln FY27 fundraise

Sagarmala Finance Corp. will raise 100 billion rupees in FY27. This funding will support ports, shipbuilding, and waterways. The company will borrow through bonds, term loans, and foreign currency. Sagarmala aims to disburse up to 90 billion rupees in loans by March 2027. It also seeks government equity infusion to support its growth.

17 Apr 2026 1:29 pm