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Hyd Metro Rail expects Rs 1,000 cr ECBs

Hyd Metro Rail expects Rs 1,000 cr ECBs

By the end of this October the L&T Hyderabad Metro Rail is expecting to get Rs 1,000 crore External Commercial Borrowings (ECBs) from Indian Infrastructure Finance Company (IIFCL) The company's objective for looking at ECBs is to save on interest besides securing long-term debt.