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IIFCL deal to reduce interest burden: Essar Ports

In an interview with CNBC-TV18, Rajiv Agarwal, CEO & MD of Essar Ports said IIFCL was incorporated to offer low cost debt to the infrastructure sector and as a result of this, they will benefit from an interest rate reduction of 2.6 percent or Rs 405 crore.

first published: Sep 21, 2012 04:29 pm

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