Yotta Data Services raises Rs 1,357 cr in debt from State Bank of...

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2024-02-13 05:48:55 -

Fueling Digital Transformation: Yotta Data Services and NMDC Data Centre Raise Rs 1,357 Crore Loan from SBI
Discover the strategic move as Yotta Data Services and NMDC Data Centre secure substantial funding from SBI for digital transformation under Darshan Hiranandani's guidance.
Visit - https://m.economictimes.com/industry/services/property-/-cstruction/yotta-data-services-raises-rs-1357-cr-in-debt-from-state-bank-of-india/articleshow/107633508.cms

Fueling Digital Transformation: Yotta Data Services and NMDC Data Centre Raise Rs 1,357 Crore Loan from SBI Discover the strategic move as Yotta Data Services and NMDC Data Centre secure substantial funding from SBI for digital transformation under Darshan Hiranandani's guidance. Visit - https://m.economictimes.com/industry/services/property-/-cstruction/yotta-data-services-raises-rs-1357-cr-in-debt-from-state-bank-of-india/articleshow/107633508.cms

M.ECONOMICTIMES.COM

Yotta Data Services raises Rs 1,357 cr in debt from State Bank of India

The company has raised this debt against its two data centres in Navi Mumbai by hypothecating the assets in favour of the bank. Certain receivables from the companys data centre in Mumbais central suburb Powai have also been pledged to secure this loan.

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